Under the terms of the agreement, Hexagon AB has paid 792 MUSD in cash and issued 132.6M series B shares to Infor, a Koch Industries, Inc. 19 on the Globe and Mail’s Third-Annual Ranking of Canada’s Top Growing Companies Marketing Technology News: Ada Places No. Given the strong fit of Infor EAM across Hexagon’s businesses, the transaction is expected to generate significant sales synergies, growing to approximately 100 MUSD by 2026. Infor’s EAM business is driving a transition of its customer base to SaaS, which is expected to be over 40 per cent of revenue in 2021 (over half of software revenues) and has been growing at a trailing 3-year Compound Annual Growth Rate (CAGR) of approximately 35 per cent. Infor’s EAM business is expected to generate 2021 revenues of 184 MUSD, of which over 70 per cent is recurring, with an adjusted operating margin of over 40 per cent after integration. The best-in-class, SaaS-based asset management solution, Infor EAM, is used to track assets, digitalise maintenance operations and enable customers in nearly any industry to reach optimum operational efficiency. Completion of the transaction was subject to regulatory approvals and other customary closing conditions, which have now been obtained. Hexagon AB, a global leader in digital reality solutions, announced the completion of the previously announced acquisition of Infor’s global EAM (enterprise asset management) business and has resolved on an issue in kind of consideration shares.
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