Infor said it has acquired two companies to bolster its data migration and industry cloud efforts.
The company said it acquired Albanero, a data migration and management company, and Acumen, a revenue growth management and consulting firm. Infor's plan is to use Albanero and Acumen to serve up industry-specific data within ERP systems.
Albanero has been an Infor data migration and management partner since 2022. Albanero has a data platform that combines information from multiple systems and migrates it to Infor's CloudSuite applications. With Albanero, Infor said it will be able to consolidate enterprise data within its industry applications for midmarket companies.
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Infor said Albanero’s data migration services and API connector are available for its CloudSuite for Food & Beverage, Fashion and Distribution industries. Infor said it will add other industries.
Acumen is focused on consumer-packaged goods (CPG) companies and offers consulting and analytics for pricing, trade terms, promotions and processes. Infor said that Acumen will bring Trade Promotion Management to its stack and will be integrated into Infor CloudSuite Food & Beverage and CloudSuite Fashion.
The two purchases closed July 1. Terms of the deal weren't disclosed. Albanero founders, Bruce Douglas and Manish Sharma, Acumen founders Nick Ryan and Matt Wills, and employees of both organizations will join Infor.
