Infor has made a $675 million bid for global order-management platform provider GT Nexus in an attempt to to bolster its cloud and supply-chain management capabilities.
The deal, said to be the second largest in Infor’s history, is expected to close within 45 days.
Because GT Nexus is a fully cloud-based supply chain platform, it will help Infor to accelerate its shift from on-premise software to true multitenant cloud, said Paul Hamerman, a Forrester Research analyst. “It also aligns well with Infor’s focus on manufacturing industries.”
GT Nexus’ global trade and logistics software is designed to let companies in industries like retail, fashion and manufacturing collaborate with global suppliers and optimise shipments to customers, distribution centres and retailers.
Founded in 1998 and based in California, GT Nexus has a network that integrates directly into buyers’ and suppliers’ order management systems and allows buyers to transmit order information through GT Nexus to their suppliers, financial institutions, freight carriers and logistics providers.
Some 25,000 businesses use the technology to manage more than $100 billion in goods each year. GT Nexus customers include Adidas, Caterpillar, Columbia Sportswear, DHL, Home Depot, Levi Strauss, Maersk, Pfizer, Procter & Gamble and UPS.
The union of the two companies will let Infor offer customers a global commerce cloud that gives them end-to-end control and visibility for the production of direct goods, according to Infor.
IDG News Service
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