Koch Agrees to Invest Over $2 Billion in Infor

Infor | November 16, 2016

Provides Growth Capital for Cloud Software Leader to Drive Digital Transformation across Industries NEW YORK – Nov. 16, 2016 – Infor, a leading provider of business applications specialized by industry and built for the cloud, today announced 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. The investment will provide Infor access to additional growth capital to accelerate innovation, expand distribution, and continue disrupting the enterprise applicat...