Baan And SSA GT Merge To Form A Mid-Market Empire With An ''Iron Side'' P.J. Jakovljevic - July 11, 2003
Event Summary
Somewhat overshadowed by the Oracle, PeopleSoft and J.D. Edwards' takeover three-ring circle (no pun intended) happened Baan's spin-off from the struggling UK-based global automation and controls group Invensys plc. (London Stock Exchange: ISYS), and its subsequent merger with recently more than upbeat SSA Global Technologies (SSA GT) (www.ssagt.com ), an enterprise solutions provider for process manufacturing, discrete manufacturing, consumer, services and public companies worldwide, which has lately turned into a ravenous enterprise applications market consolidator. Very likely the new mid-market manufacturing ERP empire-in-the-making is content to be spared from any unnecessary controversy and a stalemate that its above bigger brethren are now embroiled in...
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