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Short Take: Baan reports earnings

Netherlands-based business applications vendor Baan said it will invest an undisclosed amount in Madrid, Spain-based human resource management system software maker Meta4. Baan said it plans to bundle Meta4's human resources software package within its enterprise applications family. Yesterday, Baan reported $684 million in revenue for 1997, up 65 percent over last year.

Mike Ricciuti Staff writer, CNET News
Mike Ricciuti joined CNET in 1996. He is now CNET News' Boston-based executive editor and east coast bureau chief, serving as department editor for business technology and software covered by CNET News, Reviews, and Download.com. E-mail Mike.
Mike Ricciuti
Netherlands-based business applications vendor said it will invest an undisclosed amount in Madrid, Spain-based human resource management system software maker Meta4. Baan said it plans to bundle Meta4's human resources software package within its enterprise applications family. Yesterday, Baan reported $684 million in revenue for 1997, up 65 percent over last year.