Infor, the industry cloud company, announced the expansion of its India operations with the opening of its new development center (DC) in Hitech City, Hyderabad, one of India’s top destinations for technology and business. The new multi-storey state-of-the-art development center is spread over 350,000 sq. ft and will have the capacity for 3,500 employees. The center…
Infor, the industry cloud company, announced that it has entered into an agreement to sell its global EAM (Enterprise Asset Management) business to Hexagon AB, a global leader in digital reality solutions, for approximately $2.75 billion USD in a combination of cash and stock and form a strategic relationship with the company to better serve shared…
Koch Industries, Inc, an American multinational corporation based in Kansas, announced it has completed the acquisition of the remaining portion of Infor from Golden Gate Capital. The financial details of the deal remain undisclosed. Infor, a global leader in business cloud software specialized by industry, has been a key component of Koch’s technological transformation. Infor…
Infor, a global business cloud software company, announced that an affiliate of Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries, Inc., has entered into a definitive agreement to acquire the remaining equity stake in Infor held by Golden Gate Capital. Financial terms of the transaction were not disclosed. At the close…