Infor buys GT Nexus to strengthen manufacturing ERP cloud
Earlier this month, Infor acquired supply chain management cloud software GT Nexus for $675 million, a move to broaden the capabilities of its Enterprise Resource planning (ERP) software. With customers including the likes of Adidas Group, Caterpillar, Columbia Sportswear, Levi Strauss & Co., Maersk, Pfizer, and UPS. Infor’s aims to strengthen its portfolio as the retail industry continues to shift towards contract-based manufacturing. Charles Phillips, chief executive of Infor, states “Together, Infor and GT Nexus will provide customers with unprecedented visibility into their supply chains to manage production and monitor goods in transit and at rest.”
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