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Infor Agrees to Sell its EAM Business to Hexagon AB and Form Strategic Relationship

Jul 06, 2021 - PR Newswire
Mergers and Acquisitions-Partnership Announcement

PR Newswire

Infor, the industry cloud company, today announced it has entered into an agreement to sell its global EAM (Enterprise Asset Management) business toHexagon AB (Nasdaq Stockholm: HEXA B), a global leader in digital reality solutions, 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. The businesses will remain separate until the completion of the transaction, subject to reg...