Infor landing Lawson, or close to it

Summary:Lawson appears to be close to being acquired by Infor and Golden Gate Capital, according to a press release that may have launched too early.

Lawson appears to be close to being acquired by Infor and Golden Gate Capital.

The software company was entertaining a bid from Infor and now the deal could be official. It appears that Infor may have jumped the gun on a press release that was later pulled. The release, spotted by WSJ's Deal Journal blog, is saved via a Google Web cache. It's unclear whether the release is authentic and we have calls out to Infor (the contact listed is an Infor spokesman).

In a nutshell:

  • Infor says it will integrate Lawson's applications "as soon after closing as possible."
  • The deal---terms weren't disclosed---close in the third quarter.
  • Lawson gives Inform financial and human resources applications.
  • The deal gives Infor more exposure to key verticals.

Related:

Topics: CXO, IT Employment

About

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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