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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.

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.