Lawson Software News

Lawson Software, a US-based provider of business software that has activist investor Carl Icahn among its largest shareholders, yesterday said that it has received an unsolicited $1.8 billion cash buyout offer from Infor Global Solutions and Golden Gate Capital Partners.

Infor , a leading provider of business application software serving more than 70,000 customers, today announced Stephan Scholl has been named President of the company, reporting to CEO Charles Phillips .

With more than $2 billion in revenue and 12,000-plus employees, Sage Group Plc. is a well-known global software company, yet its profile in enterprise resource planning and customer relationship management isn't as prominent as it could be.

The UK luxury sector is set to see sales grow 8.5% in 2012, according to the latest figures from luxury industry body Walpole and Ledbury Research.

The transaction completes the combination of Infor and Lawson Software -- solidifying Infor's position as the world's third-largest enterprise software company.