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LAWSON BUYS APPROVA

Lawson LogoLawson Software Americas has acquired Approva, which markets continuous controls monitoring software. Terms were not disclosed. Lawson is now identified as an Infor affiliate since its acquisition by that company and its backer Golden Gate Capital.

Approva’s products deal with “organizations' governance, risk and compliance challenges” and “monitors multiple controls across multiple applications; serves finance, audit and IT functions within one CCM platform,” according to the official announcement. The CCM capabilities are going to be utilized in both Infor and Lawson applications. Lawson will continue to invest in Approva products and is likely to develop industry-specific functionality. Lawson will also support interfaces with products from other financial application vendors.

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