Infor Closes SSA Global Acquisition, Acquires Additional Software Firm
Infor (Atlanta), a provider of enterprise software for mid-sized firms, recently closed three acquisitions. In addition to the previously announced acquisition of SSA Global, Infor has acquired Extensity, a financial software company, and Systems Union Group, a U.K.-based provider of financial software including budgeting, reporting, business intelligence and related applications.
With the acquisitions Infor will have annual revenues totaling $2.1 billion and 8,100 employees at offices in 100 countries, and approximately 70,000 customers.
"We are broadening our offering to include solutions that will enable our customers to improve performance throughout the organization," said Jim Schaper, chairman and CEO of Infor. "Companies can now choose fully integrated solutions for specific industries as well as best-in-class standalone solutions from one provider."
Infor’s acquisition strategy reportedly benefits customers by extending the life of an enterprise’s technology investment, integrating highly complementary product sets and providing rich vertical market experience. Infor enriches and extends its customers’ current solutions, while providing a path to new technologies.
