Baan Faces Sale By Parent Company
Dutch ERP software developer expects to remain strong in discrete manufacturing sector.The owner of enterprise applications developer Baan is looking to sell the company. London-based technology conglomerate Invensys PLC earlier this week announced a major restructuring, saying it will concentrate its resources on the companies in its Production Management business, except for Baan. It plans to sell Baan, which has some 6,000 customer sites around the world, as well as the companies in its Development division and part of its Rail Systems division. Ed Daihl, president of Baans strategic business unit, said it wasnt clear if the company would be bought outright or if Invensys would retain an investment. Regardless, he expected users of the companys iBaan solutions to be unaffected.
"In one sense, it is a net no-change for us. While being owned by Invensys we focused on complex, discrete manufacturersenterprises that focus on making products," Daihl said, in a call from Baan headquarters, in Barneveld, Netherlands. "We already have a plan in place to go down the road."