On April 3, the world's largest private software company, Infor Global Solutions, announced plans to acquire Canadian online workforce management software vendor Workbrain for $227 million in cash. Although still subject to regulatory and shareholder approval, the deal was unanimously approved by Workbrain's board and is expected to close in June of this year.
Workbrain, which counts Minneapolis, Minn.-based General Mills and Target Corp. amongst its customers, should integrate well with Infor's existing human capital management (HCM) software, particularly in areas such as time and attendance, scheduling, absence management and workforce planning.
While much attention has been paid to Redwood, Calif.-based Oracle's buying spree over the past few years, Alpharetta, Ga.-based Infor has been on an acquisition run of its own, buying ERP consultancy Profuse this February and SSA Global, Extensity and Systems Union in 2006.
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