Home
Topics
CRM management
CRM industry news
Investment group buys Baan

Article

Investment group buys Baan

Jon Panker, SearchCRM.com News Editor

London-based Invensys plc sold enterprise applications vendor Baan today to an investment group for $135 million.

The investment group, which includes Cerberus Capital Management, L.P. and General Atlantic Partners, plans to combine Baan with another of its holdings, SSA Global Technologies, a maker of technology tools largely for the manufacturing industry. The two companies will have roughly $600 million in combined revenues and 16,500 customers.

Baan, which makes ERP, CRM, and supply chain software mostly for the manufacturing industry, has 6,500 customers worldwide. Baan becomes the second enterprise applications vendor focused on the manufacturing space to be sold this week. Yesterday PeopleSoft announced its intention to buy J.D. Edwards & Company in a deal worth $1.7 billion.

Invensys acquired Baan in August 2000.

Requires Free Membership to View

Login

By submitting you agree to receive email communications from
TechTarget and its partners. Privacy Policy Terms of Use.

Related Topics: CRM industry news, VIEW ALL TOPICS

More News and Tutorials

Articles

Join the conversationComment

Share

Comments

Results

Contribute to the conversation

All fields are required. Comments will appear at the bottom of the article.

More from Related TechTarget Sites

Business Analytics
Data Management
SAP
Oracle
Data Management UK
Content Management

Business Analytics
- Member Exclusive Downloads
  
  Member Exclusive Downloads from SearchBusinessAnalytics
- In-memory applications take on big data analytics challenge
  
  In-memory tools and big data can be a potent analytics mix. But before you put them together, read advice from experienced users and consultants.
- Texas utility deploys operational intelligence, improves 'on-boarding'
  
  TXU Energy applied Vitria operational intelligence software to gain a better customer view. Careful processes selection ensured quick performance.
Data Management
- From 4GLs to HTML5 desktop apps: Bringing data to the masses
  
  Advocating wider access to data, speakers at the Information Builders Summit 2013 traced a journey from 4GL tools to HTML5 desktop apps and beyond.
- Enterprise data quality efforts in good company with MDM, governance
  
  Combining data quality initiatives with master data management and data governance programs can help ensure that data remains accurate and consistent.
- Better data quality process begins with business processes, not tools
  
  Efforts to improve data quality should start with procedural changes to help avoid data errors, then the possible addition of data quality software.
SAP
- Food bank network delivers with SAP mobility
  
  The nation's largest network of food banks is cutting out labor-intensive paper-bound processes with the help of SAP mobile technology.
- SAP adds hybris to its SAP CRM tool set: More choices, or confusion?
  
  One expert calls SAP's purchase of hybris long overdue. Another wonders if SAP is confusing its own SAP CRM customers.
- Limit returns, SAP procurement expenses with a stability study
  
  Stability studies, which measure how different materials respond to various conditions, can save companies huge amounts of money, writes Jawad Akhtar.
Oracle
- Unlock the potential of the Oracle Exadata architecture
  
  Despite being almost five years old now, many implementations haven't realized all of the Oracle Exadata architecture benefits.
- The state of Dell Toad: Oracle DBAs and how they can still benefit
  
  Since Dell acquired Quest Software, maker of the Toad tool for Oracle databases and applications, some questions have arisen about what would happen.
- Sales reps out of control on issue of software license compliance
  
  A software vendor trolls a toll collection agency, and other ridiculous stories in the world of software license compliance.
DataManagement UK
- Big data roundtable webcast: gaining value from big data
  
  Roundtable discussion on business value of big data, chaired by Brian McKenna, Editor, SearchDataManagementUK, and featuring Mike Ferguson, Roxane Edjlali (Gartner), Joshua LeCure (GlaxoSmithKline).
- 2012 training courses: BI, data management, data warehousing
  
  Find out where to hone your business intelligence, data management and data warehouse skills with this list of training courses for 2012.
- Poor data quality: what is dirty data costing UK organisations?
  
  Poor data quality can have serious financial consequences for businesses. Read about the current state of data quality management at UK companies, including dirty data problems.
Content Management
- Cloud collaboration software connects at networking company Enterasys
  
  Enterasys Networks ended up with more users than expected when it deployed a cloud-based collaboration system. But that turned out to be a good thing.
- Data value chain puts the focus on what matters most to a business
  
  In his career running data management systems for consumer goods companies, Richard Beaver has found a formula for success: the data value chain.
- Quiz: Implementing digital asset management systems
  
  Take this quiz to test your knowledge of digital asset management (DAM) technologies and processes.

All Rights Reserved,Copyright 2000 - 2013, TechTarget