Infor does it again - Geaccckkkk!!
Get out your org chart software - here's another one of those complex third-party deals where a private equity group (Golden Gate Capital) affiliated with a software vendor (Infor) takes out a competitor (Geac) for a big chunk of money ($1 billion), and then shuffles the company's customers under the umbrella of the other vendor. In this case, it's serial acquirer Infor taking a play out of the SSA playbook. Read more here.
1 Comments:
Your comparison of infor's strategy with that of ssa is inaccurate. Golden gate is the boneyard for software companies. All of SSA's acquistions have been dictated by a well defined product strategy not financial arbitrage. Golden gate now more resmbles a frankenstein's monster than a software comany. Revenues and debt both over $1 bliion!
Geaccck has no product that of ssa is
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