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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.

Paul Festa Staff Writer, CNET News.com
Paul Festa
covers browser development and Web standards.
Paul Festa
Business software provider 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.