Infor, a leading provider of cloud-based business applications, has acquired Starmount, a store systems provider serving large and mid-market retailers.
Austin, Texas-based Starmount experienced 41% year-over-year growth in 2015 and counts among its customers Abercrombie & Fitch, Burlington Coat Factory, Perry Ellis, and Urban Outfitters.
When the acquisition is complete, Starmount will provide point-of-sale, mobile shopping assistant, and store inventory management products along with a data-rich commerce hub to engage shoppers, streamline operations, and support consistent cross-channel customer interactions.
After forming its Infor Retail business unit during the summer of 2015, Infor announced a collaboration with Whole Foods Market to build a modern merchandising system, and subsequently the acquisitions of GT Nexus for supply chain network, Predictix for demand management, and now Starmount for store systems.
“The market is littered with antiquated software built 20 or 30 years ago that just can’t provide what modern retailers need,” said Wade Gerten, vice president of customer experience and digital at Infor. “They want alternatives, built in the cloud, with native support for mobile. This acquisition will help Infor bring such solutions to market faster.”