Infor to Buy Datastream for $216 Million
January 9, 2006 Alex Woodie
Infor kicked off the new year in a fashion very similar to the way it finished off 2005: by announcing plans to buy a software company. The Atlanta software company, which is arguably the largest vendor of OS/400 applications in the industry, last week unveiled plans to snap up Datastream, a developer of software that helps companies monitor the performance of their capital assets, such as factories, truck fleets, and machinery. Infor says Datastream’s software, which runs on Unix and Windows servers and utilizes an Oracle or Microsoft database, will be a welcome addition for its current stable of |