Acquisition builds on Infor's global strength in Discrete Manufacturing
Company press release
ATLANTA – October 20, 2004 – Infor Global Solutions, a provider of enterprise software solutions to over 13,000 customers in select manufacturing and distribution industries, announced today that it has acquired Lilly Software Associates, located in Hampton, New Hampshire. By adding Lilly's industry-leading solutions, specific domain expertise and additional global locations to its existing capabilities, Infor has become one of the largest providers of software solutions to the discrete manufacturing market. Infor's industry specific enterprise business solutions are supported by an experienced team of over 1,800 professionals located in 30 offices globally.
Lilly will join Infor's discrete manufacturing group, which is led by Robin Pederson, Senior Vice President of Infor, and will continue to operate in its existing locations. Both Infor and Lilly are privately held companies. Terms of the transaction were not disclosed.
"I am extremely enthusiastic about the acquisition of Lilly," said Jim Schaper, Chairman and CEO of Infor. "Infor is already recognized as one of the largest providers of solutions to discrete manufacturers in Europe. This acquisition combined with our existing presence in the North American automotive market further expands our footprint while broadening our vertical market focus in the aerospace, defense and electronics industries among others. We welcome Lilly's customers into our user group whose brands are recognized globally."
Infor is committed to serving Lilly's customers and continuing the development of Lilly's technology. Founded in 1992, Lilly provides vertical market solutions for discrete manufacturers. The company has a global customer base of over 3,000 users and an established distribution channel. Lilly's customers rely on products such as VISUAL Enterprise to enhance their understanding of business operations, manufacturing and the supply chain, resulting in improved bottom-line performance.
"We are committed to taking care of our customers with ongoing product enhancements and outstanding customer service," said Robin Pederson. "Lilly's customers will benefit from Infor's deep focus on discrete manufacturing, global reach and financial strength while gaining a long-term partner committed to long-term investment in product development."
Infor provides vertical specific, enterprise-wide business solutions to select manufacturing and distribution industries worldwide and delivers best-in-class products that address the essential challenges our customers face in areas such as supply chain planning, relationship management, demand management, ERP, warehouse management, marketing-driven distribution, and business intelligence. Infor has 30 locations worldwide and its solutions are used by 13,000 customers in over 45 countries. Infor is proud to provide business solutions to some of the world's largest and most respected companies, including Denso, TRW, Coca-Cola Enterprises, Pez International, Grohe, Cargill, Heinz, Heineken, xpedx, Godiva, Valvoline, 3M Unitek, GlaxoSmithKline, and Bristol Myers Squibb. For additional information, visit www.infor.com.
Lilly provides a complete line of enterprise and supply chain solutions for manufacturers and distributors. The VISUAL Enterprise™ suite of products helps companies capture and analyze real-time data about all their business processes using ERP, Project Management, Business Performance Management, Quality Management, Customer Relationship Management, and Warehouse Management System capabilities. From award-winning software to strategies in Lean Manufacturing and TOC, Lilly Software offers companies the tools they need for higher productivity and profitability.