It came out of the blue and it certainly won’t have gone down well inside Oracle, but the takeover of arch-acquirer SSA by rival Infor changes the landscape of the enterprise applications market.
SSA Global Technologies, which last year gobbled up CRM firm Epiphany, is itself being acquired for about $1.3 billion by Infor to create the world's third-largest corporate software developer.Infor Chairman and CEO Jim Schaper said: "With this acquisition, Infor will become the third-largest enterprise software provider in the industry with approximately $1.6 billion in revenue."
Tuesday, May 16, 2006
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