Infor and Koch Equity Development are also going to build strategic relationships with Hexagon, once the EAM deal closes.Īs a result of the transaction, Koch will also have an ownership stake in Hexagon and it's likely that President of Koch Equity Development, Brett Watson, will sit on Hexagon's Board of Directors as soon as feasible post-closing. This might seem like a straightforward enough sell on the surface, but there's a more strategic agenda at play here that is worth diving into. The deal is worth approximately £2.75 billion USD in a combination of cash and stock. Industry cloud vendor Infor announced this week that it has entered into an agreement to sell its global Enterprise Asset Management (EAM) business to Hexagon AB, which specializes in digital reality solutions, combining sensor, software and autonomous tools.
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