Infor yesterday announced it has entered into an agreement to acquire GT Nexus, the world's largest cloud-based global commerce platform, for $675m.
The deal is expected to close within 45 days, pending regulatory approval. Approximately 25,000 businesses rely on GT Nexus, including six of the top ten logistics service providers and 30 global financial institutions, all managing more than $100bn in goods each year using its cloud-based business network. GT Nexus customers include Adidas Group, Caterpillar, Columbia…
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