6/22/2023 0 Comments Hexagon infor“Infor does ERP really well and Hexagon does asset performance really well – we believe that Hexagon is a good home for our EAM business,” said Somasundaram.Īlthough the transaction is yet to complete, the total deal value is close to $2.7bn – with $800m in cash and the balance in shares giving Koch (Infor’s owners) a 5 percent stake in Hexagon. When ERP Today met with Soma Somasundaram, chief technology officer and president of products at Infor, we had one burning question – why sell a profitable business unit when Infor is still in a growth phase? When Infor announced its intention to sell its enterprise asset management (EAM) business to Hexagon, a digital reality solutions company, we immediately thought, why? It can’t be about the money – despite the astronomical sale price, Infor is owned by Koch Industries, one of the best capitalised enterprises in the world.
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