Software

Koch Industries pours $2.5 billion into Infor

By Fortune

Nov 16, 2016

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Koch Equity Development, the investment arm of Koch Industries, is paying $2.5 billion for a big stake in Infor, which sells financial and manufacturing software to businesses.

The deal, which values New York-based Infor at over $10 billion, was reported last week and confirmed Wednesday morning.

Read the full story on fortune.com.