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Short Take: Baan to acquire Aurum

Business software provider Baan will acquire customer relations software provider Aurum in a stock-swap deal valued at approximately $250 million. Baan will issue approximately 0.36 Baan common shares for each outstanding share of Aurum stock, which amounts to about 4.2 million Baan shares.

Business software provider Baan will acquire customer relations software provider Aurum in a stock-swap deal valued at approximately $250 million. Baan will issue approximately 0.36 Baan common shares for each outstanding share of Aurum stock, which amounts to about 4.2 million Baan shares.