Tuesday, June 03, 2003

Another day, another enterprise software vendor merger

Yesterday, it's PeopleSoft acquiring J.D. Edwards. Today it's SSA GT acquiring Baan from Invensys, which has been rumored for almost two months. (Technically, it's Baan being sold to an investment group, comprising Cerberus Capital Management and General Atlantic Partners, which also owns SSA GT.) I've already given my perspective on this acquisition in my post on April 19. Now it's official.

There are more details in Baan's press release. But, interestingly, there's nothing yet on the SSA web site about this.