(Reuters) - Cordys said the investment marks one of the largest single such deals for a so-called business process management software vendor competing in a $1 billion market, which is estimated to grow to $2.6 billion by 2011.
Baan started Cordys in the Netherlands in 2001, about four years after he left Baan, which was among the first European technology companies to get U.S. venture capital backing.
Read more at Reuters.com Mergers News
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