Agilisys becomes Infor Global Systems
Staff -- Industrial Distribution, 10/1/2004
Distribution software provider Agilisys officially changed its name to Infor Global Systems, effective last month. The new name reflects the company's global presence and unifies its recent acquisitions under one corporate identity, said Matt Turner, director of marketing for Infor Distribution Essentials, the company's distribution division.
Agilisys had acquired three major distribution software companies earlier this year: daly.commerce in February, NxTrend in June, and Aperum in August.
"We thought that would be a good name to unite under from a global sense," Turner said, explaining the new name. "This gives us one standard message to move forward with."
"The goal of this name change is to provide us with a strong global brand to support continued international growth," said Jim Schaper, Infor's chairman and CEO. "In the past 24 months, we have grown our revenue and successfully completed numerous acquisitions that we believe have strengthened our position in the markets we serve. Our new name represents the company's ongoing mission of solving the essential issues of select vertical markets."
Infor provides enterprise software solutions to select manufacturing and distribution industries. The company focuses on the automotive, specialty chemical/pharmaceutical, consumer packaged goods, discrete manufacturing, food and beverage, and distribution industries.
Turner said the firm's focus on those vertical markets will remain the same. Its suite of distribution products—which consists mainly of Daly, NxTrend, Aperum and Dimasys (a company NxTrend had acquired)—will be known as Infor Distribution Essentials.
"That shows we're remaining focused on distribution," said Turner.
Less than 1 percent of Infor's distribution business comes from outside North America, Turner added, though the company as a whole has a presence in Europe and Asia.
Going forward, Infor will continue its acquisition strategy, while growing organically as well, said Turner. The company's goal is to achieve 60 percent top-line growth over the next three years, he added.
Infor's recent moves reflect a larger trend toward consolidation in the software market, which Turner said is bound to continue.
"There has to be some consolidation for the industry to continue efficiently," he said, adding that, "Distributors really seem to understand what we're doing here...because they're facing the same issues."
















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