Infor Announces Agreement to Acquire CERTPOINT
New York, NY (US), March 2013 - Infor, a provider of business application software serving more than 70,000 customers, has announced that it has reached an agreement to acquire CERTPOINT Systems Inc. (CERTPOINT). Based in Roslyn Heights, New York, Certpoint is widely regarded as an innovative provider of SaaS-based learning-management software (LMS) and learning-content-management software (LCMS).
CERTPOINT's customers include global brands and leading organizations such as Honda, Stanley Black & Decker, Lutheran Medical Center, Meritas Health, and Toyota. After a thorough evaluation of the marketplace, Infor will acquire CERTPOINT for its thought leadership and ability to deliver contextual, social, and mobile learning technologies that have transformed the discipline of learning from a back-office support function to an extended enterprise-talent-optimization tool.
The acquisition of CERTPOINT will make the Infor Human Capital Management (HCM) suite among the most comprehensive end-to-end products the market has to offer. CERTPOINT's globalized learning technologies extend Infor's top-ranked talent, payroll, human-resource, and workforce-management solutions, all unified with Infor's market-leading Enwisen HR Service Delivery platform.
"The acquisition of CERTPOINT will enable Infor to offer customers an end-to-end HCM solution, delivered to help maximize access and business insight and achieve breakthrough performance," said Tarik Taman, GM, HCM, Infor. "In addition to complementary functionality, the acquisition of CERTPOINT sends the signal that Infor intends to be atop the leaderboard of SaaS enterprise human-capital-management solution providers."
Financial terms of the deal are not being disclosed. The transaction is expected to be complete by 01 April 2013.
