• The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
Menu
  • The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
  • Infor to Buy Datastream for $216 Million

    January 9, 2006 Alex Woodie

    Infor kicked off the new year in a fashion very similar to the way it finished off 2005: by announcing plans to buy a software company. The Atlanta software company, which is arguably the largest vendor of OS/400 applications in the industry, last week unveiled plans to snap up Datastream, a developer of software that helps companies monitor the performance of their capital assets, such as factories, truck fleets, and machinery.

    Infor says Datastream’s software, which runs on Unix and Windows servers and utilizes an Oracle or Microsoft database, will be a welcome addition for its current stable of ERP customers, which are predominantly in the asset-intensive manufacturing and distribution industries. Datastream 7i provides functionality in the areas of asset tracking, usage monitoring, preventative maintenance, and tracking warranties and warranty claims. The enterprise version of the software adds key performance indicators to the mix, among other capabilities.

    Jim Schaper, Infor’s chairman and chief executive officer, says the acquisition shows that Infor is determined to satisfy the desire of customers to have a single software provider. He says that “by assembling and integrating best-of-breed solutions and professionals with deep industry knowledge” into its current product base, Infor is “filling a void in the market for customers that want one source for all of their industry-specific enterprise applications.”

    Infor currently has about 18,000 customers as the result of the acquisition of various ERP vendors over the last several years, including MAPICS, Daly.Commerce, Brain, and Lilly Software Associates. It will gain 6,700 more with Datastream, and have operations in 140 countries. Infor will grow even more when its acquisition of Geac is complete. That acquisition, which it announced in November, will bring the company Geac’s System21 ERP product and about 1,500 additional OS/400 server-using customers (see Infor’s Owners Gobble Up Geac for $1 Billion). The acquisition of Geac by Infor’s majority owner, the private equity group Golden Gate Capital, is expected to close by the middle of the month.

    Infor expects the acquisition of Datastream, which has been approved by the boards of both companies, to close in the second quarter of 2006, following approval from Datastream stockholders. The offer is for $10.26 per share, or about $216 million, to be paid to stockholders of the Greenville, South Carolina, company. Infor’s subsidiary Magellan Holdings will be the official acquiring party of record for Infor.

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Tags: Tags: mtfh_rc, Volume 15, Number 2 -- January 9, 2006

    Sponsored by
    OCEAN User Group

    OCEAN TechCon25 Online

    It’s an Exciting Time for IBM i !

    July 16 & 17, 2025 – ONLINE

    Two virtual days of learning, presented by an outstanding group of IBM’ers and IBM Champions, featuring leading-edge topics.

    FREE for OCEAN members!

    Register NOW!

    Annual (12-month) Individual OCEAN Memberships are $80 and a Corporate Membership is $250. A Corporate Membership would allow your entire company to have full access to the OCEAN website & video library and to attend OCEAN events at member rates. Act now because rates are increasing on August 1, 2025.

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    IBM, AMD Expect 45-Nanometer Chips in Mid-2008 Alternate SQL Row-Selection Criteria, Take 3

    Leave a Reply Cancel reply

TFH Volume: 15 Issue: 2

This Issue Sponsored By

    Table of Contents

    • Auto Parts Dealers Love the iSeries
    • DataMirror Claims Top Benchmark for Data Replication
    • Infor to Buy Datastream for $216 Million
    • Frank Cary, Former IBM CEO and Chairman, Dies at 86
    • COMMON, IBM Extend Deadline for iSeries Innovation Awards to January 31
    • An IT Retrospective: Forty Years in the Business
    • Novell, Red Hat Appoint New Chief Technology Officers
    • Auto Parts Dealers Love the iSeries
    • Barbarians at Bill Gates
    • DataMirror Claims Top Benchmark for Data Replication

    Content archive

    • The Four Hundred
    • Four Hundred Stuff
    • Four Hundred Guru

    Recent Posts

    • Liam Allan Shares What’s Coming Next With Code For IBM i
    • From Stable To Scalable: Visual LANSA 16 Powers IBM i Growth – Launching July 8
    • VS Code Will Be The Heart Of The Modern IBM i Platform
    • The AS/400: A 37-Year-Old Dog That Loves To Learn New Tricks
    • IBM i PTF Guide, Volume 27, Number 25
    • Meet The Next Gen Of IBMers Helping To Build IBM i
    • Looks Like IBM Is Building A Linux-Like PASE For IBM i After All
    • Will Independent IBM i Clouds Survive PowerVS?
    • Now, IBM Is Jacking Up Hardware Maintenance Prices
    • IBM i PTF Guide, Volume 27, Number 24

    Subscribe

    To get news from IT Jungle sent to your inbox every week, subscribe to our newsletter.

    Pages

    • About Us
    • Contact
    • Contributors
    • Four Hundred Monitor
    • IBM i PTF Guide
    • Media Kit
    • Subscribe

    Search

    Copyright © 2025 IT Jungle