SSA Global taken over by Infor!!!

EdwinvdBorg · #1 15th May 2006, 15:47

http://investor.ssaglobal.com/phoeni...462&highlight=

victor_cleto · #2 15th May 2006, 15:52

In fact is infor (www.infor.com).
How many times has Baan changed hands these last years?!

EdwinvdBorg · #3 15th May 2006, 15:56

Victor,

Thanks a lot and I have already changed the title.

Well, at least the owners of SSA Global, Ceberus, are doing it again and in fact this news should not come as a surprise.
Now the question becomes what will happen to the SSA BAAN software?
Also, who is next in line to take over Infor?

What a jungle!

Regards,

Edwin

Dikkie Dik · #4 15th May 2006, 16:36

Infor looks to me as a company that aquires marketshare and is not consolidating that much. Looking to the other companies that are bought I assume that most (if not all) SSA products will stay.

As Baan is the biggest of their product lines I would be supprised if they dropped that.

Dikkie Dik · #5 15th May 2006, 16:38

Quote:

Originally Posted by victor_cleto

How many times has Baan changed hands these last years?!

3 Times:
- first it was Invensys
- then it was SSA
- and now it is Infor

EdwinvdBorg · #6 15th May 2006, 16:43

*** Deleted response on request ***

tritonbaan · #7 15th May 2006, 17:24

Too bad to change the owner again although we all know this will happen sooner or later. So what will be the new name for Baan, Infor Baan or Infor SSA LN?

EdwinvdBorg · #8 15th May 2006, 17:55

Actually this is a very interesting development because if you check their website (http://www.infor.com) you cannot find any news about partners. Obviously Infor is used to do everything themselves.
Does this also mean the end of the exclusivity of Profuse (the premier Dutch SSA Global BAAN partner) in the Dutch market?

Hopefully we will experience some very interesting changes in the BAAN market during the course of this year!

Regards,

Edwin

Darren Phillips · #9 15th May 2006, 23:38

Infor do have partners just not many of them, I work for one hosting their Syteline7 product.

tjbyfield · #10 16th May 2006, 05:39

Quote:

Originally Posted by EdwinvdBorg

...Now the question becomes what will happen to the SSA BAAN software? ...

There will probalby be some nervous people in SSA also. In view of the very poor job that they have done expanding the installed Baan licence-seats and customer names/sites, their trepidation is not be unwarranted (in my view).

The answer to your question probably depends on whether Infor just want the lucrative annual support income or whether they want long term customers.

If they are in it for the long haul I think we should look forward to further development of the package and upgrading at no cost from Infor and little overall-cost.

Terry

patvdv · #11 16th May 2006, 13:06

Perhaps one paragraph of their company history could be interesting:

Quote:

Though the company was founded in 2002 as Agilisys in Malvern, Pennsylvania--when SCT's Process Manufacturing & Distribution Solutions Division became a privately owned, independent organization--Infor's experience in the manufacturing and distribution industries reaches back three decades. In February 2004, with headquarters relocated to Atlanta, Agilisys acquired Infor Business Solutions AG, a long-established German company providing ERP solutions to mid-sized firms.

Notice the fact the fact that Infor was historically a German company. This could indicate a break with previous management style and customer approach.

Flip_J · #12 16th May 2006, 16:57

Infor: Geac deal suggests ERP market consolidation10th November 2005
By
Golden Gate Capital has agreed to acquire financial-software maker Geac Computer Corp for $1bn
The Enterprise Resource Planning (ERP) market continues to consolidate, with the announcement on 8 November that the venture capital parent of Infor Global, Golden Gate Capital, has agreed in principle to buy Geac. The deal, which will see Infor move into the middle tier of the ERP market, could now precipitate further merger and acquisition activity across the sector.
Golden Gate Capital has already taken at least five companies private in the last two years, and overall has probably brought some 14 vendors together. It is an aggressive consolidator, but to date has tried to keep a solid vertical focus. All of its ERP products are being grouped under the Infor Global branding, which includes applications such as Lilly Software, MAPICS, and Agilisys.

As an example of Infor's existing vertical strengths, it claims that some 73% of tier 1 and 2 automotive suppliers already use Infor solutions. Additional areas that it focuses on are distribution and the make-to-order manufacturing business, as well as process manufacturing such as brewing.

The terms of the deal are US$11.10 per share, valuing Geac at US$1 billion, and this is certainly a premium on the share price, both today and over the last year. The pressure has been on the medium-sized ERP vendors for some time now, with maintenance revenues ? essential for ongoing product development ? being squeezed. Size matters in the ERP market, which is changing in that prospective customers are starting to look at financial viability of vendors as being at least as important as the fit of the product to their requirements.

While SAP and Oracle currently fight at the very top end of the market, in the middle we now have SSA (another consolidator, with Baan probably one of the better known players to have been brought into its stable), Lawson (still in the throes of acquiring Sweden's Intentia), Microsoft Business Solutions, and now Infor plus Geac. Lower down the ERP market there are still a large number of niche players, many of whom are still perfectly viable in terms of continuing customer support and product development.

Spending on ERP is starting to rise again, as organizations review the applications that were deployed to meet the Y2K deadline, and the market is on the rise. Further M&A activity can be expected over the coming year as the participants work out the optimal combination of brain and brawn to succeed.

Source: OpinionWire by Butler Group (www.butlergroup.com)

patvdv · #13 16th May 2006, 19:20

Quote:

Originally Posted by Flip_J

Infor: Geac deal suggests ERP market consolidation10th November 2005
By
Golden Gate Capital has agreed to acquire financial-software maker Geac Computer Corp for $1bn
The Enterprise Resource Planning (ERP) market continues to consolidate, with the announcement on 8 November that the venture capital parent of Infor Global, Golden Gate Capital, has agreed in principle to buy Geac. The deal, which will see Infor move into the middle tier of the ERP market, could now precipitate further merger and acquisition activity across the sector.
Golden Gate Capital has already taken at least five companies private in the last two years, and overall has probably brought some 14 vendors together. It is an aggressive consolidator, but to date has tried to keep a solid vertical focus. All of its ERP products are being grouped under the Infor Global branding, which includes applications such as Lilly Software, MAPICS, and Agilisys.

As an example of Infor's existing vertical strengths, it claims that some 73% of tier 1 and 2 automotive suppliers already use Infor solutions. Additional areas that it focuses on are distribution and the make-to-order manufacturing business, as well as process manufacturing such as brewing.

The terms of the deal are US$11.10 per share, valuing Geac at US$1 billion, and this is certainly a premium on the share price, both today and over the last year. The pressure has been on the medium-sized ERP vendors for some time now, with maintenance revenues ? essential for ongoing product development ? being squeezed. Size matters in the ERP market, which is changing in that prospective customers are starting to look at financial viability of vendors as being at least as important as the fit of the product to their requirements.

While SAP and Oracle currently fight at the very top end of the market, in the middle we now have SSA (another consolidator, with Baan probably one of the better known players to have been brought into its stable), Lawson (still in the throes of acquiring Sweden's Intentia), Microsoft Business Solutions, and now Infor plus Geac. Lower down the ERP market there are still a large number of niche players, many of whom are still perfectly viable in terms of continuing customer support and product development.

Spending on ERP is starting to rise again, as organizations review the applications that were deployed to meet the Y2K deadline, and the market is on the rise. Further M&A activity can be expected over the coming year as the participants work out the optimal combination of brain and brawn to succeed.

Source: OpinionWire by Butler Group (www.butlergroup.com)

This message does not make me particulary hopeful...

Way too many companies are owned and run by casino players these days. Whatever happened to real "entrepeneurship"... *sigh*

Thanks for the info Flip!

EdwinvdBorg · #14 17th May 2006, 01:15

I just found out Infor is paying $ 1.4 billion in cash for SSA Global and knowing BAAN Company was purchased for a mere $ 200 million in 2003, this is a nice ROI for the owners of SSA Global.
I guess Mike Greenough can start thinking about playing golf for the rest of his life once this deal is closed later this year

.

Regards,

Edwin

baaniac · #15 17th May 2006, 06:59

Some interesting piece of chronology -

Baan sold to Invensys - Around June-July 2000

Invensys sells Baan to SSA Global - Around June-July-2003

Now Infor takes over SSA Global - May-2006

It seems that Baan products stay with its new owners for not more than 3 years. !