Koch Equity to invest over $2 billion in Infor
Koch Industries is an American multinational corporation that employs 100,000 people globally and is estimated by Forbes to be the second largest privately-held company in the US with annual revenue of approximately $100 billion.
Hyderabad: Infor Global Solutions, a US-based enterprise software and services company with its centre of excellence (CoE) in Hyderabad, on Thursday said that it has reached a definitive agreement in which Koch Equity Development LLC (KED), the investment and acquisition subsidiary of Koch Industries Inc, has agreed to make an investment of more than $2 billion in the company.
Koch Industries is an American multinational corporation that employs 100,000 people globally and is estimated by Forbes to be the second largest privately-held company in the US with annual revenue of approximately $100 billion.
The investment by KED significantly strengthens Infor’s capital base and provides an entry into a large ecosystem of businesses contemplating digital transformation. “The support we are providing to Infor marks one of the largest investments KED has ever made and demonstrates the confidence we have in Infor’s technology, team and business model,” KED’s President Matt Flamini said.
