About Baan
Baan is a Technology company based in Barneveld (Netherlands) founded in 1978, and was acquired by SSA Global in July 2003. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Multi-Industry and Enterprise.
Company details
Baan was a vendor of ERP software that is now owned by Infor Global. The company was established in 1978. It went IPO in 1995 and became a public listed company in Amsterdam and US Nasdaq. In June 2000, facing worsening financial difficulties, lawsuits and reporting seven consecutive quarterly losses and bleak prospects, Baan was sold at a price of US700 million to Invensys. In June 2003, Invensys sold its Baan unit to SSA Global Technologies for US 135 million. Upon acquiring the Baan software, SSA renamed Baan as SSA ERP Ln. In August 2005, SSA Global released a new version of Baan, named SSA ERP LN 6.1.In May 2006, SSA was acquired by Infor Global Solutions
- Headquarters Barneveld, Netherlands
- Stage Acquired
- SectorsTechnology
- Website baan.com
- Acquired by SSA Global (Jul 2003)
- Investors
- Acquired bySSA Global
(Jul 2003)
Investors in Baan
Baan has secured backing from 1 investor. Prominent investors backing the company include SSA Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Extended ERP solutions are provided for manufacturing and distribution sectors. | 2000 | ssagt.com | Chicago, United States |
Investor details for Baan
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- Round participation
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- Co-investor network
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Timeline of Baan
2 dated milestones of Baan across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Baan is founded.
- Exit Acquired by SSA Global.
Web traffic of Baan
Websites that share an audience with Baan (baan.com).
Websites whose visitors overlap most with Baan. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ssaglobal.com | 26% | View details |
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Frequently Asked Questions about Baan
Baan was founded in 1978.
Baan is headquartered in Barneveld, Netherlands. It is registered at Barneveld, Gelderland, Netherlands.
Baan was a vendor of ERP software that is now owned by Infor Global. The company was established in 1978. It went IPO in 1995 and became a public listed company in Amsterdam and US Nasdaq. In June 2000, facing worsening financial difficulties, lawsuits and reporting seven consecutive quarterly losses and bleak prospects, Baan was sold at a price of US700 million to Invensys. In June 2003, Invensys sold its Baan unit to SSA Global Technologies for US 135 million. Upon acquiring the Baan software, SSA renamed Baan as SSA ERP Ln. In August 2005, SSA Global released a new version of Baan, named SSA ERP LN 6.1.In May 2006, SSA was acquired by Infor Global Solutions.
Baan has 1 investor. Key investors include SSA Global.
Yes. Baan was acquired by SSA Global in July 2003.