Infor acquires Predictix - Article from Modern Materials Handling

Infor, a leading provider of business applications, has announced the acquisition of Predictix, a provider of machine-learning solutions for retailers. Predictix will become part of Infor CloudSuite Retail, a new suite of enterprise applications delivered in the cloud and designed for today's retailing landscape. The acquisition comes six months after Infor announced an investment in Predictix. "The synergies between Infor and Predictix were greater than we could have hoped, and we've come to appreciate a great cultural alignment where both teams have passionate people who work hard and want to make a difference in retail and beyond," said Charles Phillips, CEO of Infor. "Buying out the other Predictix investors makes sense to bring the teams together and provide the scale and resources needed to accelerate the retail revolution."