IBM to buy AT&T’s Sterling unit for $1.4B

More Info And Full Story Here , Here, and Here.

NEW YORK (AP) — IBM Corp. said Monday that it is buying AT&T Inc.’s Sterling Commerce unit, which makes software that helps businesses buy and sell to each other, for $1.4 billion.

The deal would be IBM Corp.’s largest acquisition since it bought business software maker Cognos in 2008.

Sterling runs “collaboration networks” where companies can interact with vendors. It has 18,000 clients worldwide and enables more than 1 billion deals per year, IBM and AT&T said. Customers include H.J. Heinz Co., Motorola Inc., Boise Cascade LLC and Boston Market Corp. The parties would not provide a figure for the unit’s annual revenue.

This should be interesting to follow…

FYI – Sterling Commerce makes Gentran, Gentran Integration Suite and Sterling Integrator.

One thought on “IBM to buy AT&T’s Sterling unit for $1.4B

  1. The Web Sphere division has killed its fair share of acquisitions. I wonder if getting out from under a Common Carrier’s Shadow will give Sterling more elbow room, or if IBM will divest the EDI Communications end of the business, ???

    The last thing they care about is the arcane VAN business, and Web Sphere has always managed closed networks of trading partners, occasional awkward FTP and AS2 hubs, and VAN connections, i’ll bet that Sterling and IBM are sitting around a bucket of fried chicken right now deciding if the VAN business is too much trouble.

    Ohhhhh…..IBM! IBM! use ECGridOS to replace Sterlings VAN communications and we can replace the whole thing!!!!!! IBM, sing the EDI guy song with us

    Sweet. I see it all now! Swimming pools…movie stars.

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