![]() Which is precisely the approach it took when it bought Infor a few years ago. ![]() Infor, Koch and Hexagon can then cross-sell a better product to its customer base and Infor can focus on developing its industry-focused CloudSuite.Īs you can tell, there's a lot going on with this transaction and it appears from the outside that it fits a similar model that we've seen before from Koch Industries, whereby it seeks to invest in a company/product, scale it up with its industry knowledge, make use of it across its company portfolio, and then potentially buy it back if successful. Hexagon's knowledge in this field, plus its engineering talent, will allow the EAM business to dive deeper than it could at Infor. ![]() The ambition is to combine Infor's EAM technology with Hexagon's digital reality solutions, to create more sophisticated asset performance management (APM) solutions. Infor and Koch Equity Development are also going to build strategic relationships with Hexagon, once the EAM deal closes.Īs a result of the transaction, Koch will also have an ownership stake in Hexagon and it's likely that President of Koch Equity Development, Brett Watson, will sit on Hexagon's Board of Directors as soon as feasible post-closing. This might seem like a straightforward enough sell on the surface, but there's a more strategic agenda at play here that is worth diving into. The deal is worth approximately £2.75 billion USD in a combination of cash and stock. ![]() Industry cloud vendor Infor announced this week that it has entered into an agreement to sell its global Enterprise Asset Management (EAM) business to Hexagon AB, which specializes in digital reality solutions, combining sensor, software and autonomous tools. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |