Business

Hexagon to acquire Infor’s EAM business for $2.7B

By Aviyukta Adlakha

Hexagon, a digital reality solutions company, agrees to acquire the global enterprise asset management (EAM) business of Infor for $2.75 Billion. The transaction and payments will take place both in cash and stock. Koch Industries will take an ownership stake in Hexagon. Koch Industries is a parent company of Infor. 

Infor’s solutions are combined with Hexagon’s sensor and software technologies. The Infor’s EAM business and its 500 employees to be positioned within Hexagon’s Industrial Enterprise Solutions segment and serve Hexagon businesses in asset-intensive ecosystems including mines, manufacturing, and farms.

Tags: enterprise asset management (EAM) business of Infor Hexagon Hexagon takes over Infor's EAM business Hexagon to acquire Infor's EAM business for $2.7B Hexagon's Industrial Enterprise Solutions segment Infor's solutions Koch Industries

Aviyukta Adlakha

Aviyukta is a creative and passionate person who loves exploring new opportunities. She is a travel enthusiast and loves writing. She is currently working as a Business/ Current Affairs Intern in USA Newshour. She can be contacted at adlakhaaviyukta27@gmail.com.