Lawson Software is being bought by GGC Software Holdings, an affiliate of Golden Gate Capital and Infor.
The combined Infor and Lawson applications will serve more than 75,000 customers in verticals such as manufacturing, health care, distribution, public sector, and hospitality.
Infor offers manufacturing, supply chain, product lifecycle, workforce, and asset management products. Lawson’s provides enterprise financials and human resources products.
Charles Phillips, CEO of Infor said: “We plan to integrate many of the applications as soon after closing as possible, facilitated by a standards-based approach and the fact that both companies’ applications are already service-enabled. We also plan to innovate and change how customers deploy, use, and upgrade enterprise applications”
The acquisition is subject to closing conditions and is expected to close in the third quarter of 2011.