“Infor EAM is continuously ranked by analysts as a market leader among best-of-breed EAM solutions and is considered by thousands of customers as one of the industry’s most compelling solutions,” Hexagon CEO Ola Rollen said in a statement. The deal also creates ties between Hexagon and Koch Industries – which owns Infor – through a memorandum of understanding, which will see expanded use of EAM in Koch businesses and cross-selling opportunities between customers. STOCKHOLM -Swedish industrial technology group Hexagon AB said on Tuesday it had acquired cloud technology company Infor’s enterprise asset management ( EAM) division in a cash and equity deal worth $2.7 billion.
(In July 6 story, corrects value of shares in first bullet point and paragraph 7)
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