MUMBAI, INDIA: Infor has entered into an agreement to acquire GT Nexus, a cloud-based global commerce platform for $675 million. The deal is expected to close within 45 days, pending regulatory approval.
How do the two gel?
The success of any acquisition is determined by how well the solutions and technologies complement each other.
What does GT Nexus bring to the table?
GT Nexus provides a global order management system that coordinates commerce across partners. Enterprises can collaborate with suppliers to manage and optimize shipments to customers, distribution centers and retail outlets to meet demand.
Plus the company facilitates more than $20 billion in payments between buyers and their suppliers in 90 countries and in 8 currencies. Buyers and financial institutions offer pre and post export financing and payment protection through its cloud.
How does Infor tie-in?
Infor CloudSuite industry suites including Infor CloudSuite Fashion are multitenant applications tailored by industry delivered on Amazon Web Services.
The company has more than 3,200 fashion and retail customers, many of which use GT Nexus. The addition of Infor CloudSuite technology to the GT Nexus network will enable businesses to integrate merchandising, marketing, and demand data instead of extrapolated forecasts for improved sales, operations, and production planning.
Additionally, collaborative design will be facilitated on the network as will capabilities such as transmission of changes in the bill of materials from Infor’s Product Lifecycle Management (PLM) solution.
Infor will also enable the social collaboration for unstructured processes within the supply chain on GT Nexus through Infor Ming.le, its social platform for collaborative business processes.
“Together, Infor and GT Nexus will provide customers with unprecedented visibility into their supply chains to manage production and monitor goods in transit and at rest,” said Charles Phillips, CEO, Infor. “In a complex, high velocity supply chain, all partners need to know what was ordered, when it was built, where it is in transit, if the order has changed, and has it cleared customs. Specialization and speed are moving the future of manufacturing into the commerce cloud.”