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Infor sells eam
Infor sells eam













infor sells eam

This includes the condition and performance of fixed assets – from capital and process equipment (machines, trucks, valves, turbines, and pumps) to critical infrastructure (road, railway, pipeline and communications networks) to entire buildings and facilities. Hexagon gains a best-in-class, SaaS-based asset management solution – Infor EAM – which is used to track assets, digitalise maintenance operations and enable customers in nearly any industry to reach optimum operational efficiency.ĮAM solutions provide the foundation of digital innovation in asset-intensive industries, where digital realities, or digital operational twins, are increasingly leveraged to provide a single source of truth and complete line-of-sight to ever-changing situations. The terms of the agreement include establishing a deeper commercial relationship between Hexagon and Infor as well as Hexagon and Koch Equity Development, both subsidiaries of Koch Industries, Inc. “Infor EAM customers and partners can expect a smooth transition with significant synergies that will produce faster growth and greater opportunities, including expansion into new verticals, as well as underserved markets such as Asia Pacific,” asserted Ola Rollén, President and CEO, Hexagon.Hexagon AB, a global leader in digital reality solutions, today announced an agreement to acquire Infor’s global EAM (enterprise asset management) business, for approximately 2,750 MUSD*.

infor sells eam infor sells eam

“This enables us to partner with a company that is in a unique position to drive further digital transformation for Infor EAM customers by integrating Infor EAM’s asset management capabilities with Hexagon’s digital reality solutions and platforms,” affirmed Kevin Samuelson, CEO, Infor. The divestiture and strategic relationship positions Infor to combine its industry-leading EAM technology with Hexagon’s digital reality solutions to produce a better outcome for customers, and further focus on its strategy of delivering industry-specific cloud ERP (Enterprise Resource Planning) suites (CloudSuites) to customers. Infor recently announced that it has entered into an agreement to sell its global EAM (Enterprise Asset Management) business to Hexagon AB, a leader in digital reality solutions, for approximately US$ 2.75bn in a combination of cash and stock and form a strategic relationship with the company, according to a press communiqué.















Infor sells eam