The divestiture and strategic relationship positions Infor to combine its industry-leading EAM technology with Hexagon’s digital reality solutions to produce a better outcome for customers, and further focus on its strategy of delivering industry-specific cloud ERP (Enterprise Resource Planning) suites (CloudSuites) to customers. Infor recently announced that it has entered into an agreement to sell its global EAM (Enterprise Asset Management) business to Hexagon AB, a leader in digital reality solutions, for approximately US$ 2.75bn in a combination of cash and stock and form a strategic relationship with the company, according to a press communiqué.
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