InsightsSuccess
Subscribe Now!
Get A Chance To Feature In Magazine By Submitting Your Interview Today!
No Result
View All Result
InsightsSuccess
  • Home
  • Industry Insider
  • Magazine
  • Franchises
  • Blog
  • Conferences
No Result
View All Result
InsightsSuccess
No Result
View All Result

Chemical Manufacturing Giant, Koch Industries Acquires Infor, Enterprise Software Firm

Koch Industries

Koch Industries, a Wichita-based multinational corporation has acquired Infor, a New York-based enterprise software company for $13 billion. The deal was in news since February but Koch Industries announced that it has closed today. This deal has been considered as one of the top 10 enterprise acquisitions this year.
In the new deal, it has been decided that Infor will operate independently and will be involved in manufacturing more than software. Infor aims to use the Koch’s resources in order to build its product family with a focus on industry-specific solutions.
At the time of signing in February, Kevin Samuelson, the CEO of Infor noticed the potential of financial resources, a company like Koch is having, to his firm.
Kevin states, “As a subsidiary of a $110 billion+ revenue company that re-invests 90% of earnings back into its businesses, we will be in the unique position to drive digital transformation in the markets we serve.”
Infor has notified that it has 7 of the top 10 global luxury brands, 9 of the 10 largest global hotel brands, and 17 of the top 20 global banks as its customers. According to records, the platform has raised a total worth of around $6 billion since it was founded in year 2002. Infor’s previous round was of $1.5 billion, which the firm had raised in January 2019.

Previous Post

Just How Bad are Recessions Going to Be?

Next Post

Mental Healthcare Company, SonderMind Raises $27 Million

Next Post
mental health services

Mental Healthcare Company, SonderMind Raises $27 Million

Recent News

Samsung Cloud Gaming Hub Features Xbox, Twitch, and many more Exciting Apps
Recent News

Samsung Cloud Gaming Hub Features Xbox, Twitch, and many more Exciting Apps

In order to improve the gaming experience, Samsung has revealed its 2022 lineup of Smart TVs and monitors, which has...

Read more
Hyundai-Ioniq-6

Hyundai Unveils Design for Ioniq 6

Google-Earth-visual

Google Earth Observation Data Now Available Free for Companies and Governments

amazon-prime-day-logo

Amazon to Hold 2 Prime Day Events for the First Time Ever

Crypto Exchange FTX in Talks to Buy Robinhood

Crypto Exchange FTX in Talks to Buy Robinhood

Path Breakers

Golden Helix: Providing Leading Genomic Data Analysis Software

Golden Helix: Providing Leading Genomic Data Analysis Software

Hubstaff

Hubstaff: Time and Workforce Management at Your Fingertips Virtually

Evonence LLC – Expert Google Workspace Partner Across North America

Evonence LLC – Expert Google Workspace Partner Across North America

Booster Box – A Passionate International Performance Marketing Agency for PPC Advertising Campaigns

Booster Box – A Passionate International Performance Marketing Agency for PPC Advertising Campaigns

Gary Olson, CEO, GHO Group LLC

GHO Group LLC: Bringing Vision to Reality

Insights Success is an archway that caters to Entrepreneurs’ quench of technology and business updates which are currently ruling the business world.
We are ceaselessly proving the best platform for leading companies, which aids indefinite progress while creating meaningful learning experiences for the visitors and invaluable brand awareness for the clients.

  • About Us
  • Advertise With Us
  • General Disclaimer
  • Terms & Condition
  • Privacy Policy
  • Subscribe
  • Contact Us

© Copyright 2022, InsightsSuccess | All Rights Reserved.

No Result
View All Result
  • Home
  • Industry Insider
  • Magazine
  • Franchises
  • Women In Business
  • Blog
  • Conferences
  • IT & Innovations
  • Leadership
  • Healthcare
  • Money
  • Startups

© Copyright 2022, InsightsSuccess | All Rights Reserved.