Press release
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HEXAGON Press Release Stockholm , Sweden , 6 July 2021 Hexagon to acquire Infor's EAM business and form a broader strategic relationship with Infor and Koch Hexagon AB , a global leader in digital reality solutions , today announced an agreement to acquire Infor's global EAM ( enterprise asset management ) business , for approximately 2,750 MUSD * . 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. 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 . EAM solutions provide the foundation of digital innovation in asset - intensive industries , where digital realities , or digital operational twins , are increasingly leveraged to provide a single source of truth and complete line - of sight to ever - changing situations . This includes the condition and performance of fixed assets - from capital and process equipment ( machines , trucks , valves , turbines , and pumps ) to critical infrastructure ( road , railway , pipeline and communications networks ) to entire buildings and facilities . The Infor EAM solution is highly scalable and easily configurable to meet the needs of specific verticals , such as mass transit , food and beverage , facilities management and much more . Customers in manufacturing , power and energy , facilities , transportation and more utilise Infor EAM to monitor , track and extract the most value from their assets while mitigating risks associated with operational downtime and unnecessary , unplanned costs . With Infor EAM , customers can put their operations to work for them - optimising business processes and asset maintenance strategies to ensure operational efficiency and asset reliability . Key capabilities of the Infor EAM solution include work order management , inventory optimization , safety and compliance measurement and reporting , asset planning and decision - making and mobile application extensions . The Infor EAM solution also includes APM ( asset performance management ) capabilities , enabling integration of real - time asset data for condition monitoring , and can also integrate with mapping and positioning solutions as well as live camera and sensor feeds for asset visualisation and tracking . " Infor EAM is continuously ranked by analysts as a market leader among best - of - breed EAM solutions and is considered by thousands of customers as one of the industry's most compelling solutions , " says Hexagon President and CEO Ola Rollén . " Hexagon's decision to acquire this business is a strong endorsement of our mission to put data to work to enable autonomous , connected ecosystems that boost efficiency , productivity , quality and safety for our customers . " " Adding an enterprise asset management system to our portfolio puts us in a unique position to drive further digital transformation across our customer base . By integrating Infor EAM's built - in , industry - specific asset management capabilities with our digital reality solutions and platforms , we can improve capital asset performance in ways beyond what EAM can achieve standalone - from enhancing predictive maintenance and reducing energy usage to supporting other sustainability initiatives , " continued Rollén . " Infor EAM 1