Infor announced today that Koch Industries has bought the company in a deal sources peg at close to $13 billion.

Infor, which makes large-scale cloud ERP software, has been around since 2002 and counts Koch as both a customer and an investor, so the deal makes sense on that level. Koch was lead investor last year in a $1.5 billion investment, wherein the company indicated that it was a step before going public. Click the link to read the entire story…

https://techcrunch.com/2020/02/04/koch-industries-acquires-infor-in-deal-pegged-at-nearly-13b/

# # #

About TimeLinx
TimeLinx delivers innovative project & service management software as a complete solution that perfects the sell-track-manage-support-bill cycle that services organizations must have to delight their customers; TimeLinx brings the cycle together in a single application that offers less frustration, better project management, complete reporting, and improved profitability – all specially designed for Infor and Sage.

Categories