Infor-Lawson deal may be close to done

A now-pulled press release on Infor's website indicated the ink was dry

Infor may be about to announce an acquisition of Lawson Software, about six weeks after news of its US$1.8 billion offer for the ERP (enterprise resource planning) vendor came to light.

The company apparently posted and then pulled a press release announcing the deal, in which Lawson would be bought by GGC Software Holdings, an affiliate of Infor, and its private-equity-firm backer Golden Gate Capital.

While no longer available on Infor's site, a cached copy of the release, which was dated Monday, can be found in Google's search engine.

The deal is expected to close in the third calendar quarter of this year, according to the pulled release. No purchase price was given.

Spokesmen for the companies did not immediately respond to a request for confirmation.

Private-equity-backed Infor, which has grown through a long string of acquisitions, has a reputation as more of a holding company than a vendor bent on developing unique software. The company has in recent months tried to change that image, announcing plans to hire 400 additional software developers and rolling out next-generation technology based on the Microsoft stack.

"Infor's manufacturing, supply chain, product lifecycle, workforce, and asset management products will be combined with Lawson's best-in-class enterprise financials and human resources products to improve business process flows and reduce integration costs via single sign-on, common look-and-feel and seamless navigation across composite applications deployed on-premise and in the cloud," according to the cached press release.

But Infor may want to buy Lawson more for its strong presence in vertical markets like health care than its technology.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris's e-mail address is Chris_Kanaracus@idg.com

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags business issuesMergers / acquisitionsapplicationsenterprise resource planningLawson SoftwaresoftwareInfor Global Solutions

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Chris Kanaracus

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?