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Infor and hexagon4/6/2023 For more information, see HWF Advokater has advised Hexagon on the Swedish law aspects in connection with the acquisition. HxGN EAM (formerly Infor EAM), is now Hexagon’s world-class enterprise asset management solution. Completion of the transaction is subject to regulatory approvals and other customary conditions, etc., which are expected to be fully completed during the fourth quarter 2021. Hexagon gains a best-in-class, SaaS-based asset management solution – Infor EAM – which is used to track assets, digitalise maintenance operations and enable customers in nearly any industry to reach optimum operational efficiency. The businesses will remain separate until the completion of the transaction, subject to regulatory approvals, but Hexagon and Infor. The terms of the agreement include establishing a deeper commercial relationship between Hexagon and Infor as well as Hexagon and Koch Equity Development, both subsidiaries of Koch Industries, Inc. Sweden-based Hexagon AB has entered into an agreement to acquire New York-based Infor’s global EAM (Enterprise Asset Management) business to for 2.75 billion in a combination of cash and stock. Hexagon AB, a global leader in digital reality solutions listed on Nasdaq Stockholm, has entered into an agreement to acquire Infor’s global EAM (enterprise asset management) business, for approximately 2,750 MUSD, of which 800 MUSD in cash and the remaining part through payment with 132.6 million series B shares in Hexagon AB.
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