With New Clothes and Hairdo, Clarus Asks for Pin Money
D. Geller - March 3, 2000

Event Summary

Clarus Corporation (NASDAQ: CLRS) used to be a peach of an ERP (Enterprise Resource Planning) vendor with a product line containing financial and human resources applications. It had revenues of $17 million in 1998, up from $12.3 million in 1997. However, the company threw off its old friends and lifestyle by selling its ERP business to Geac Computer Systems, Inc. and Geac Canada Limited for $14.5 million in 1999...