Have just come across March 30, 2000: Wall Street Journal Europe, and noticed an interesting page 1 article on Baan. "In Default Mode: Low-Tech Manager Reprograms Baan"

The article discusses troubles within Baan at the time and points out: "...Baan was doubling its sales quarter after quarter...and striking fear into its bigger rivals SAP AG and Oracle Corp.."

It goes on to say, "...The company's market value once as high as $11 billion (Eur11.3 billion) has slipped to about $1 billion". By my reckoning the Eur 11.3 billion would be close to Eur 18 billion in today’s money. Even in greenbacks it would be about $14 billion.

Makes Infor look small by comparison and the Mr greenough's insider-purchase price from Invensys of $130million miniscule.

The old gray mare ain't what she used to be !

I think you will find that shortly afterward it was discovered that just maybe the figures were so wrong that Jan was quadruple accounting. Look back at the legal issues. A result was that Mr B was persona non grata in the US and as far as I know still is. You will also find that much of sales revenue was switched in reseller market, and guess who owned many of the resellers. Stock value is a wonderful thing, especially when theres a mug around every corner, like Invensys!!
The old Grey mare is still a Grey Mare, different riders and now facing the front of the horse, maybe