9/4/2023 0 Comments Infor sells eamIn addition, Infor and Koch Equity Development, both subsidiaries of Koch Industries, are building strategic relationships with Hexagon. The businesses will remain separate until the completion of the transaction, subject to regulatory approvals. It also strengthens the strategic relationship between Infor, Hexagon, and Koch Industries, which should benefit LLP Group’s EAM customers with an accelerated schedule of enhancements and improvements to the EAM solution.Infor has announced that it has entered into an agreement to sell its global EAM (Enterprise Asset Management) business to Hexagon AB, a digital reality solutions company, for approximately $2.75 billion USD in a combination of cash and stock and form a strategic relationship with the company to better serve shared customers. This transition should be a catalyst for developing sophisticated asset performance management solutions that provide the opportunity for better real-time monitoring. As a Hexagon partner, LLP Group will work closely with the Hexagon EAM management and sales teams to ensure a smooth transition and minimal impact to services for our customers. LLP Group will continue as an Infor Global Alliance Partner and Infor Gold Channel Partner providing sales and consulting services to other Infor products, including Infor SunSystems, Infor d/EPM, Infor Birst, and Infor OS. LLP Group is excited about what this means for our EAM customers.” “ This will position EAM within an ecosystem at Hexagon that should provide faster development of the solution as it integrates with technologies that already exist at Hexagon. “ We’re excited by the news today that the transition of Infor EAM to Hexagon has been completed,” said Barbara Dreska, CEO and Chairwoman at LLP Group.
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