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Plex acquires Kors Engineering - does this bring us closer to the factory of the future?


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Summary:
Plex Systems has been a big change agent in the ERP space, being the first to pioneer multi-tenant cloud ERP software. Its recent acquisition of Kors Engineering could trigger better value for manufacturers and ignite a wave of additional M&A deal-making by competitors. Here s our assessment.
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Today, cloud ERP vendor Plex Systems is announcing its acquisition of Kors Engineering. Kors is a 40+ year old firm with a 20-year partnership with Plex.
This deal provides a number of OT (operations technology) capabilities and services from Kors that complement Plex s IT solutions. ....

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