GGC Software Holdings To Acquire Lawson Software For $2 Billion

Posted Apr 26, 2011

GGC Software Holdings will be acquiring Lawson Software, Inc. (NASDAQ:LWSN) for $2 billion. The two companies have announced that Lawson has accepted the acquisition bid today. The acquisition is expected to be closed in the third quarter and the combined company will create one of the largest ERP companies. GGC Software Holdings is connected to Infor and private equity firm Golden Gate Capital. “Lawson is a natural strategic partner for Infor, offering complementary software solutions that will extend our existing portfolio, particularly in areas such as health care, public sector, manufacturing and human capital management,” said Info CEO Charles Phillips. [PCW]