EVS Process Manufacturing IP Acquired By Infor

EVS has sold the intellectual property rights for its integrated process manufacturing software to Infor, a provider of industry-specific cloud applications.

Id 34515 Static1 squarespace

BOULDER, CO — EVS, a disrupter in warehouse management software (WMS) and supply chain technology, has sold the intellectual property rights for its integrated process manufacturing software to Infor, a provider of industry-specific cloud applications. Developed in 2014, the solution is in wide use among Infor’s enterprise customers in highly-regulated industries including chemical and food manufacturing. The module was developed in Infor’s Mongoose framework to work seamlessly with the Infor CloudSuite Industrial ERP. The software makes it easy to manage formulas, schedule and build batches based on flexible manufacturing specifications, and monitor and respond to evolving regulatory environments.

This IP sale aligns with EVS’ current focus on evolving their latest cloud-based enterprise warehouse management software, mobe3 WMS, and supporting their other proprietary products such as O2 Process Manufacturing and O2 Mobile Warehouse.

“We’re proud of what we have built and integrated into Infor CloudSuite to help Infor’s customers overcome the product development, accounting and regulatory complexities of their industries,” says Evan Garber, chief executive officer of EVS. “By moving ownership to Infor, we’re able to entrust our product to an industry leader. We can now put our full energy towards our passion: creating the most thoughtful, beautiful and powerful WMS in the world.” 

Through the acquisition of Process Industry Pack, Infor now owns all of the intellectual property rights for Infor CloudSuite Process Manufacturing. The transaction will cause no disruption or changes for Infor CloudSuite Process Manufacturing customers and Infor will continue to manage the product’s evolution to maintain customer satisfaction. 

More in Mergers & Acquisitions