bamnsour
12th June 2003, 11:58
Read this today, from Informationweek. I thought it may be interesting...
"Together, SSA and Baan will become one of the largest ERP vendors in the manufacturing sector, and Manugistics counts among its clients Boeing, BMW, Caterpillar, Cisco Systems, DaimlerChrysler, Fairchild Semiconductor, Ford, Harley-Davidson, 3Com, and Unilever.
Though execs at SSA and Baan won't name companies they'd like to buy, one thing is clear: SSA and Baan will buy. "We've got $13 billion behind us, so we can acquire," says SSA CEO Mike Greenough, referring to the investment group consisting of Cerberus Capital Management and General Atlantic Partners that will own the combined SSA GT/Baan.
Baan president Laurens van der Tang says the company will likely acquire more companies focused in the manufacturing space to boost market share. "Any companies in this sort of category are logical targets," he says.
One supply chain company that's often considered to be of interest as an acquisition target is QAD Inc., a manufacturing software vendor that sells to mid-sized businesses. As sales to big customers slow, the mid-market space is increasingly seen as an area for fresh growth, so companies with expertise and connections in that space look particularly attractive".
Read the full artcile at http://informationweek.com/story/showArticle.jhtml?articleID=10300780
- Bader
"Together, SSA and Baan will become one of the largest ERP vendors in the manufacturing sector, and Manugistics counts among its clients Boeing, BMW, Caterpillar, Cisco Systems, DaimlerChrysler, Fairchild Semiconductor, Ford, Harley-Davidson, 3Com, and Unilever.
Though execs at SSA and Baan won't name companies they'd like to buy, one thing is clear: SSA and Baan will buy. "We've got $13 billion behind us, so we can acquire," says SSA CEO Mike Greenough, referring to the investment group consisting of Cerberus Capital Management and General Atlantic Partners that will own the combined SSA GT/Baan.
Baan president Laurens van der Tang says the company will likely acquire more companies focused in the manufacturing space to boost market share. "Any companies in this sort of category are logical targets," he says.
One supply chain company that's often considered to be of interest as an acquisition target is QAD Inc., a manufacturing software vendor that sells to mid-sized businesses. As sales to big customers slow, the mid-market space is increasingly seen as an area for fresh growth, so companies with expertise and connections in that space look particularly attractive".
Read the full artcile at http://informationweek.com/story/showArticle.jhtml?articleID=10300780
- Bader