Infor Announces Agreement to Acquire CERTPOINT Systems Inc.
Infor, a leading provider of business application software serving more than 70,000 customers, today announced that it has reached an agreement to acquire CERTPOINT Systems Inc. (CERTPOINT). Based in Roslyn Heights, New York, CERTPOINT is widely regarded as an innovative provider of SaaS-based learning management software (LMS) and learning content management software (LCMS). CERTPOINT's customers include global brands and leading organizations such as Honda, Stanley Black & Decker, Lutheran Medical Center, Meritus Health, and Toyota. After a thorough evaluation of the marketplace, Infor will acquire CERTPOINT for its thought leadership and ability to deliver contextual, social and mobile learning technologies that have transformed the discipline of learning from a back-office support function to an Extended Enterprise Talent Optimization tool.
The acquisition of CERTPOINT will make the Infor Human Capital Management (HCM) suite among the most comprehensive end-to-end offerings the market has to offer. CERTPOINT's globalized learning technologies extend Infor's top-ranked Talent, Payroll, Human Resource and Workforce Management solutions all unified with Infor's market leading Enwisen HR Service Delivery Platform.
- Infor has reached an agreement to acquire CERTPOINT, an award-winning, global learning technologies innovator and leading provider of LMS software based in Roslyn Heights, NY. CERTPOINT has a strong global presence, serving more than 1,300 businesses in more than 80 countries and 30 languages.
- The acquisition of CERTPOINT will further strengthen the Infor HCM suite, providing innovative, complementary LMS capabilities that help companies educate and train employees, distributors, partners, and customers.
- CERTPOINT's learning technologies, proven to impact business, will boost Infor's ability to offer a more complete HCM suite to organizations and the extended worldwide enterprise in target industries including Automotive, Finance, Food & Beverage, Healthcare, Hospitality, Manufacturing, and Public Sector.
- Learning is expected to become a key capability for Infor's customers in the healthcare industry as the industry transforms itself.
"The acquisition of CERTPOINT will enable Infor to offer customers an end-to-end HCM solution, delivered to help maximize access and business insight and achieve breakthrough performance," said Tarik Taman, GM, HCM, Infor. "In addition to complementary functionality, the acquisition of CERTPOINT sends the signal that Infor intends to be atop the leaderboard of SaaS Enterprise Human Capital Management solution providers."
"Infor and CERTPOINT share a common culture - a focus on innovation and business impact," said Ara Ohanian, CEO and chief happiness officer, CERTPOINT Systems. "Our aim is to offer clients all the advantages of our combined strengths, building further on our ability to transform knowledge into tangible business results."
Financial terms of the deal are not being disclosed. The transaction is expected to be complete by April 1, 2013.
Infor is the third-largest provider of enterprise applications and services, helping 70,000 customers in 194 countries improve operations, drive growth, and quickly adapt to changes in business demands. Infor offers deep industry-specific applications and suites, engineered for speed, using ground-breaking technology that delivers a rich user experience, and flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises, or both. To learn more about Infor, please visit www.infor.com.
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