Hexagon president and CEO Ola Rollén said the deal with Infor was a "strong endorsement of our mission to put data to work to enable autonomous, connected ecosystems that boost efficiency, productivity, quality and safety for our customers. In September, the company paid UK hardware and construction retailer Travis Perkins £4.2m in settlement for a four-year failed ERP project that cost £108m. Not everyone has been impressed with Infor's software, however. Infor CEO Kevin Samuelson said in a statement the deal would enable "Infor to double-down on providing innovative, industry-specific solutions that help address our customers' biggest business challenges."
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Stop us if you've heard this one before: Microsoft to lure users with industry-specific solutions in the cloud Swedish industrial technology group Hexagon AB said on Tuesday it had acquired cloud technology company Infors enterprise asset management (EAM) division in a cash and equity deal worth 2.7.State of Maine orders review of $54.6m Workday project as it alleges delivery failure and threatens cancellation.
The idea of ERP fine-tuned to niche sectors is seen as the string to Infor's bow, and has been followed by SAP, which launched an Industry Cloud in June last year. Meanwhile, Infor will focus on its industry-specific cloud ERP suites.
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