Like the previous few SSA GT's acquisitions, this merger too seems aimed at enlarging combined Baan and SSA GT's customer base, market share, and, more importantly, its predictably recurring support revenue and consequently larger R&D pool.
fsm market landscape
And SSA GT Merge To Form A Mid-Market Empire With An ''''Iron Side'''' Part Three: Market Impact On SSA GT SSA GT Aspect Baan, once one of the leading independent providers of enterprise application solutions for industrial enterprises, and subsequently part Invensys plc. (London Stock Exchange: ISYS), was sold on June 3 to an investment group consisting of Cerberus Capital Management , L.P. and General Atlantic Partners , LLC , two of the world''s leading private investment firms. Backed by nearly USD $14