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Infor to buy out GT Nexus

Infor to buy out GT Nexus

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Charles Phillips, CEO at Infor
Charles Phillips, CEO at Infor
Infor is all set to acquire GT Nexus, the world’s largest cloud-based global commerce platform, for $675 million. Approximately 25,000 businesses rely on GT Nexus, including six of the top ten logistics service providers and 30 global financial institutions.

The list of GT Nexus customers includes adidas Group, Caterpillar, Columbia Sportswear, DHL, Home Depot, Levi Strauss & Co., Maersk, Pfizer, Procter & Gamble, and UPS.

GT Nexus provides a global order management system that coordinates commerce across partners. Retail, fashion, and manufacturing companies can collaborate with suppliers to manage and optimize shipments to customers, distribution centers, and retail outlets to meet demand. The cloud was designed to enable this collaboration.

“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. In a complex, high velocity supply chain, all partners need to know what was ordered, when it was built, where it is in transit, if the order has changed, and has it cleared customs. Specialization and speed are moving the future of manufacturing into the commerce cloud.” said Charles Phillips, CEO of Infor.

“Infor is a great home for GT Nexus, and we’re excited to join forces with a company with a strong manufacturing, retail, and supply chain pedigree,” said Sean Feeney, CEO of GT Nexus.
Infor CloudSuite industry suites, including Infor CloudSuite Fashion, are multitenant applications tailored by industry delivered on Amazon Web Services. Infor has more than 3,200 fashion and retail customers, many of which use GT Nexus. The addition of Infor CloudSuite technology to the GT Nexus network will enable businesses to go further by integrating merchandising, marketing, and demand data instead of extrapolated forecasts for improved sales, operations, and production planning.

According to the company, “The combination of Infor CloudSuite applications and GT Nexus will represent the future of multi-enterprise manufacturing and commerce. Increasing specialization creates more complex supply chains that require a unifying cloud service that are replacing monolithic ERP systems. Infor and GT Nexus will create the first global commerce cloud with end-to-end control and visibility for the production of direct goods.

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Chris N. Fernando Chris N. Fernando is the Chief Editor of Channel Post Middle East and Africa. He is an experienced media professional with over two decades of journalistic experience. He is easily excited by the smallest of technologies around. He is an Android fanboy at heart, who also owns an iPhone, a Windows Phone, and a BlackBerry. Though he uses a MacBook Pro at work, he also uses a Windows PC, an Xbox One and an Xbox 360 for all his gaming requirements. True gadget lover at heart!
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