2 Aug 2006
INFOR Accelerates Strategy, Increases Global Market Share with New Acquisitions
ATLANTA – August 2, 2006 – Infor, one of the largest global providers of
enterprise software and a portfolio company of Golden Gate Capital, today announced it
has accelerated its strategy of offering customers a choice of integrated enterprise
software solutions and standalone best-in-class solutions, by closing three acquisitions
which extend its global scale and broaden its offerings for new markets and new
territories. In addition to closing the previously announced acquisition of SSA Global on
July 28, 2006, Infor has acquired Extensity, a leading financial performance
management software company, and Systems Union Group, a UK-based provider of
financial and performance management solutions including budgeting, reporting,
business intelligence and a comprehensive suite of financial applications.
Infor, the fastest growing enterprise software company in the world, now has
annual revenues totaling $2.1 billion, offices in 100 countries and approximately 70,000
customers -- more than Infor’s two largest competitors combined in its target markets.
In addition, the company has the largest number of customers in the fastest growing
segment of the market: mid-size companies.
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