In addition, Infor and Koch Equity Development, both subsidiaries of Koch Industries, are building strategic relationships with Hexagon. The businesses will remain separate until the completion of the transaction, subject to regulatory approvals.
Infor, the industry cloud company, today announced that it has entered into an agreement to sell its global EAM (Enterprise Asset Management) business to Hexagon AB (Nasdaq Stockholm: HEXA B), a global leader in digital reality solutions, for approximately US$2.75 billion in a combination of cash and stock and form a strategic relationship with the company to better serve shared customers.
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