Infor and Golden Gate complete acquisition of Lawson Software

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GGC Software Holdings yesterday (6 July 2011) announced the completion of its acquisition of Lawson Software, under the terms of the merger agreement on April 26.

GGC is an affiliate of Golden Gate Capital, and Infor, and Lawson has now been combined with SoftBrands, another affiliate of Golden Gate and Infor – with the deal enabling all parties to "share and integrate technology and partner on product offerings through cross-selling, marketing and distribution arrangements". Charles Phillips, CEO of Infor, says that the product development teams have already begun integrating applications, using the Infor ION interoperability architecture. First products, targeted for release later this year, are Lawson S3 and Infor FMS SunSystems Enterprise; Lawson S3 and Infor EAM; and Lawson HCM and Infor Workforce Management. "These first product examples reflect the potential of this partnership and the fast pace of our development efforts," enthuses Phillips. The combination of Lawson S3 and Infor Enterprise Asset Management, for example, can help customers reduce operating and maintenance costs, he explains, citing the City of Greensboro, North Carolina as one public sector customer that Infor and Lawson have in common. "We will continue our work to deliver deeper functionality and industry-specific applications, particularly in key industries, such as manufacturing, healthcare, distribution, public sector and hospitality," promises Phillips.