Media outlets are calling Infor's agreement to acquire GT Nexus "a smart move" and "really good for Infor." Infor announced its intention Tuesday to buy the world's largest cloud-based global commerce platform.
Here's a sampling of the media coverage:
Infor, which positions itself as a more nimble alternative to the likes of Oracle and SAP, is preparing for a "period of high growth." This deal is just the latest evidence.
The Wall Street Journal - Infor Buys Supply Chain Management Firm GT Nexus
Christine Dover, analyst at research firm IDC, said the move will increase competition for the business software market leader, SAP SE. … "ERP systems are really needing to modernize and change," Ms. Dover said. "This is really good for Infor."
Infor has made a smart move by thinking outside of the box of traditional enterprise applications. While both SAP and NetSuite have staked claims in the 'commerce cloud' arena, Infor is the first to make a lunge into the direct spend part of the market, where the majority of global trade takes place. It's a canny pre-emptive move. …
Phillips can claim special prescience having co-authored a paper at investment banker Morgan Stanley fifteen years ago with his then colleague Mary Meeker about the Internet's potential to allow firms to aggregate supply chains from networks of suppliers. He may not have foreseen the precise shape it was all going to turn out fifteen years later but that ability to look beyond today's received wisdom is an invaluable asset when the world is changing as rapidly as it is today.
BloombergBusiness - Infor to Buy GT Nexus for $675 Million as CEO Phillips Bulks Up
The deal is part of [Infor CEO Charles] Phillips's strategy to compete with Oracle and SAP SE by letting customers leave elaborate business-management systems that run at headquarters untouched while supplying those clients' plants with programs specialized by industry and delivered via cloud computing. GT Nexus makes software that manages production and shipments to stores for companies including Nike Inc., Adidas AG, Home Depot Inc. and Procter & Gamble Co., and their suppliers.
"This is postmodern ERP software - instead of being for one company, it's for multiple companies," Phillips said in an interview. "We go in where there's fatigue and shelfware. It's a big market."
Logistics Management - Infor announces plans to acquire GT Nexus
Steve Banker, an analyst at ARC Advisory Group, said this deal makes sense for Infor, as GT Nexus has a good product in terms of tracking shipping moves at a granular level across the ocean.
Banker added that some big companies are starting to build large supply chain control towers to better deal with supply chain risk management, and he explained that a solution like GT Nexus built upon a many-to-many, public cloud architecture with common network master data is the best platform for end-to-end supply chain visibility.
Enterprise Times - Infor buy GT Nexus for $675m
CIO (IDG News Service) - Infor seeks to strengthen cloud footing with $675M GT Nexus buy
Crain's New York Business - New York software supplier Infor to buy GT Nexus for $675M to take on Oracle
American Shipper - Infor Acquires GT Nexus in $675 million deal
The Manufacturer - Infor to acquire GT Nexus for $675m to redefine cloud ERP offering
Manufacturing Business Technology - Infor To Acquire GT Nexus
SiliconAngle - Infor acquires GT Nexus to beef up its cloud platform
Sourcing Journal - Infor To Acquire GT Nexus
Supply & Demand Chain Executive - Infor To Acquire GT Nexus