Infor announced that the acquisition of MAPICS was completed as of April 18, 2005. Infor is now the largest enterprise software provider exclusively focused on solving the essential challenges of select verticals in the manufacturing and distribution industries.
"This Combination Creates One of the Largest Enterprise Software Companies in the World"
Infor's acquisition of MAPICS creates one of the largest enterprise software companies in the world who are focused on delivering world-class Enterprise Resource Planning (ERP) and Supply Chain solutions to the manufacturing and distribution industries. With the acquisition of Mapics, Infor will be able to expand its manufacturing solutions and increase its ability to compete globally. The combined company will have more than 17,500 customers in over 70 countries.
"Infor is building vertical market leadership by assembling proven, best-of-breed solutions and deep industry knowledge," said Jim Schaper, Infor's chairman and chief executive officer. "MAPICS is a respected enterprise software provider that has been serving the manufacturing industry for over two decades. The combined company has the scale and resources to continue to support our extensive customer base while investing in enhancements and long-term product innovation. Both current and future customers will benefit from our exclusive focus on manufacturing and distribution and our world-class team of professionals with deep vertical expertise."
MAPICS strong affiliate and partner network will further enhance Infor's ability to meet the needs of global manufacturers, and MAPICS proven products will allow Infor to offer an expanded suite of solutions. Infor's financial backing, global reach and additional product solutions will provide MAPICS customers with a path for continuous improvement and long-term growth.
Dick Cook, MAPICS president and chief executive officer, remarked, "With the industry consolidation currently taking place, it was imperative that MAPICS combine to create a larger company to help ensure the continued success of our customers. After a lengthy process, the MAPICS Board of Directors concluded that this was the right plan of action. We believe that Infor's offer is a win for our shareholders and that it provides a long term future for our business."
We at DKM, as an independent affiliate company, are very optimistic about this development, as Infor has significant resources to invest in MAPICS products and greatly values the affiliate channel that has long been a major strength of the MAPICS business model. We will continue to offer superior local system support to advance our cutsomers' business through the use of MAPICS and its complimentary products. DKM remains the largest MAPICS affiliate in the Western United States.
Infor focuses exclusively on providing vertical specific, enterprise-wide business solutions to the manufacturing and distribution industries worldwide. Infor delivers best-in-class products that address the essential challenges our customers face in areas such as supply chain planning, relationship management, demand management, ERP, warehouse management, marketing-driven distribution, and business intelligence. For additional information, visit
www.infor.com
To Read the Official Press Release
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