You will be capable of developing executive level relationships and driving sales through opportunity planning, executive involvement and value selling. A complete understanding of Asset Management target industries is required as you position Hexagon EAM product portfolio into targeted accounts to create, progress, and close net new opportunities and manage existing customers. You can join us a we continue to set the pace in the market by joining us as our Senior Account Manager for service salesĪs our Senior Account Manager for EAM Sales you will be responsible for identifying, qualifying and driving opportunities to a successful close.
"Adding an enterprise asset management system to our portfolio puts us in a unique position to drive further digital transformation across our customer base," Rollen added.Hexagon EAM (Formerly InforEAM) was recently named as a "leader" in the EAM space by Verdantix in their Magic Quadrant report. Hexagon said it expected the acquisition would generate it additional sales worth $100 million by 2026. Infor EAM's expected revenue for 2021 is $184 million, Hexagon said, adding that the business had been growing at a compound rate of 35% in the last three years. The transaction, which is subject to regulatory approval, would leave Koch owning a stake of almost 5% in Hexagon. The sale comprises $800 million in cash and 132 million shares, worth about $1.95 billion, in the form of shares paid to Koch. Shares in the company were up by just over 2% at 0817 GMT. Hexagon has transformed itself from a conglomerate to an industrial technology company through a series of acquisitions over the last decade. Infor's EAM is software used by industrial companies to track assets, digitalise maintenance operations and improve digital operations.
"Infor EAM is continuously ranked by analysts as a market leader among best-of-breed EAM solutions and is considered by thousands of customers as one of the industry's most compelling solutions," Hexagon CEO Ola Rollen said in a statement. The deal also creates ties between Hexagon and Koch Industries - which owns Infor - through a memorandum of understanding, which will see expanded use of EAM in Koch businesses and cross-selling opportunities between customers.
STOCKHOLM, July 6 (Reuters) - Swedish industrial technology group Hexagon AB (HEXAb.ST) said on Tuesday it had acquired cloud technology company Infor's enterprise asset management (EAM) division in a cash and equity deal worth $2.7 billion.
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