Noteworthy news from the USA about Infor:
The second largest non-listed company in the USA buys its software supplier Infor for 11 billion dollars
Koch Industries, a $110 billion conglomerate, had joined Infor in 2017 to help implement its digitization strategy. Now it has been announced that Koch Industries is also buying the remaining shares in Infor.
“As a global company covering multiple industries in 60 countries, Koch has the resources, knowledge and relationships to help Infor continue to expand its transformational capabilities. Infor has invested approximately $4 billion in product design and development to deliver industry-specific cloud suites that solve the toughest operational problems for more than 68,000 customers worldwide.”
Infor’s customer list (turnover 3.2 billion dollars, 17,300 employees) is impressive.
According to its own statements, this includes
- the 20 largest aerospace companies
- 9 of the 10 largest high-tech companies
- 18 of the 20 most important automotive suppliers
- 14 of the 20 largest industrial distributors
- 4 of the top 5 breweries
The transaction is expected to close in the first half of 2020.
Picture: Koch Industries
Note: This is a machine translation. It is neither 100% complete nor 100% correct. We can therefore not guarantee the result.