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COMPANY
Baan, a leading provider of industry-defining enterprise application solutions for industrial enterprises, announced on June 3 that the company has been sold to Cerberus Capital Management, L.P. and General Atlantic Partners, LLC, two of the world's leading private equity firms. The sale allows Baan to employ a growth oriented, long-term strategy for current and potential customers that will include a major focus on Gemeni, Baan's next generation enterprise resource planning (ERP) platform scheduled for release this fall.
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Company:
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Baan
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Founded:
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1978
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Headquarters:
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Barneveld,
Netherlands
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Employees
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2,800
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URL: |
http://www.baan.com/ |
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The comprehensive iBaan solutions portfolio spans the entire value chain, which includes solutions for enterprise resource planning, operational strategies and related information, collaboration and integration technologies. In addition, a key element in the successful delivery of customer solutions is to provide the right blend of value-added services.
The solutions-oriented approach from Baan together with its innovative origins and 25 years of industrial manufacturing experience has created a wealth of domain knowledge and clearly differentiating capabilities. Baan continues to provide reliable and effective solutions to some of the world's leaders in industries such as Aerospace & Defense, Automotive, Electronics and Industrial Machinery & Equipment.
Every iBaan solution is based on a comprehensive framework of open, flexible and easy-to-configure components. This enables solutions to be specifically configured that reflect industry processes, providing you value in exactly what you want without waste. All in such a way that business can get more out of your IT investment and focus on manufacturing to give customers what they want, when they want it. This responsiveness is aimed at providing better means to synchronize and accelerate business processes across the extended supply chain, quicken the time-to-value, and minimize waste.
Baan has more than 6500 customers and over 21,000 customer sites worldwide and global alliances with major industry leaders. It was founded in 1978 with headquarters in the Netherlands and is a part of the Production Management division of Invensys plc., with over 2800 employees and office worldwide
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"It is clear that the market is consolidating and many companies will begin to re-consider their directions for Enterprise Application Solutions. With strong backing from our new owners and the launch of Gemini in the fall, Baan is in its most competitive position in years - I for one am looking forward to it!"
Dave Wangler,
Senior Vice president,
Global Marketing
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