Infor, a leading supplier of enterprise resource planning (ERP) software, has agreed to acquire GT Nexus, the world’s largest cloud-based global commerce platform, for $675 million. The deal is expected to close within 45 days, pending regulatory approval.

The acquisition will create the first global commerce cloud with end-to-end control and visibility for the production of direct goods, according to a statement from Infor.

Infor’s ERP software helps manufacturing companies manage their production.  GT Nexus provides a global order management system that coordinates commerce across partners.

Approximately 25,000 businesses rely on GT Nexus, including Home Depot, Adidas Group, Caterpillar, Columbia Sportswear, DHL, Levi Strauss & Co., Maersk, Pfizer, Procter & Gamble, and UPS.

“Together, Infor and GT Nexus will provide customers with unprecedented visibility into their supply chains to manage production and monitor goods in transit and at rest,” said Charles Phillips, CEO of Infor, in a statement. “In a complex, high-velocity supply chain, all partners need to know what was ordered, when it was built, where it is in transit, if the order has changed, and has it cleared customs. Specialization and speed are moving the future of manufacturing into the commerce cloud.”

GT Nexus also facilitates more than $20 billion in payments between buyers and their suppliers in 90 countries and in 8 currencies. Buyers and financial institutions offer pre and post export financing and payment protection through the GT Nexus cloud.

“Infor is a great home for GT Nexus, and we’re excited to join forces with a company with a strong manufacturing, retail, and supply chain pedigree,” said Sean Feeney, CEO of GT Nexus.

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