SSA Global changes name

Business and financial management company SSA Global last week underwent an identity change, adopting the name of its new owner, Infor.

The name change follows the completion of Infor's $US1.4 billion acquisition of SSA Global last month.

Infor has also recently acquired Systems Union and Extensity. A company spokesperson could not comment on future product roadmaps or staffing changes.

Infor CEO Jim Schaper said the acquisitions enhance the company's product roadmap, giving it more customer appeal.

"We are broadening our offering to include solutions that will enable our customers to improve performance throughout the organization," Schaper said. "Companies can choose integrated solutions for specific industries as well as stand-alone solutions from one provider."

Extensity, which bought UK firm Systems Union for $US400 million last month, is a Golden Gate company formed as an offshoot of software vendor Geac, which was acquired in March for $US1 billion. Infor's purchase of Extensity reunites the Geac portfolio under one company.

An Infor spokesperson said it is now the world's fastest-growing enterprise software company, with $US2.1 billion in annual revenues and about 70,000 customers.

Infor is the third largest business application company behind SAP and Oracle, he said.

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