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Sterling Commerce

From Wikipedia, the free encyclopedia
Defunct American software company (acquired by IBM in 2010)

Sterling Commerce was a software and services company providingOmni-Channel Commerce,B2B includingElectronic data interchange (EDI) translation software and one of the first B2B Integration platforms andmanaged file transfer ("MFT") products[1] such asConnect:Direct (originally namedNetwork Data Mover). Sterling Commerce was headquartered nearColumbus, Ohio inDublin, Ohio. SBC Communications acquired Sterling Commerce (see "Ownership" below), then SBC merged withAT&T (renamed as Sterling Commerce, an AT&T Company), who sold Sterling Commerce toIBM. Sterling Commerce's Columbus, Ohio campus is now an IBM facility.

Previous acquisitions

[edit]
  • In September, 2003, Sterling Commerce divests its Banking Systems Division to Thoma Cresse Equity Partners who in turn launch VectorSGI in the banking industry[2]
  • In April, 2004, Sterling Commerce acquired TR2, a Boston Based Data Synchronization Software Company[3]
  • In January, 2005, Sterling Commerce acquired Yantra a provider of Distributed Order Management and Warehouse Systems as part of its cross-channel supply chain execution application strategy.[4]
  • In May, 2006, Sterling Commerce acquired Nistevo, a provider of on-demand transportation management products as part of its cross-channel supply chain execution application strategy.[5]
  • In November, 2006, Sterling Commerce acquired Comergent, a provider of Advanced Web Selling for B2B and B2C platforms as part of its cross-channel supply chain execution application strategy.[6]

Ownership

[edit]
  • Sterling Commerce evolved from a company called OrderNet which was one of the first EDI-based Value Added Network companies found by William Plumb which started around 1978 and was a division ofInformatics, Inc. William Plumb is often cited as one of the fathers of EDI.[7]
  • In June, 1985, Sterling Software, a public company chaired bySamuel E. Wyly, made a successful tender offer for Informatics and acquired the company. Sterling Software was about 10% of the size of Informatics. Through the integration, the company sold off several divisions of Informatics but kept and invested in OrderNet, renaming it Sterling Commerce.[8]
  • SBC Communications purchased Sterling Commerce in 2000.[9]
  • With the merger ofAT&T Corp. and SBC Communications in November 2005, Sterling Commerce became an AT&T company.[10]
  • In May 2010IBM acquired Sterling Commerce from AT&T.[11]

References

[edit]
  1. ^"Sterling Commerce is now part of IBM".IBM. Retrieved2017-11-23.
  2. ^"VectorSGI Spins Off of Sterling Commerce".Supply and Demand Chain Executive. 2003-09-13. Retrieved2018-09-12.
  3. ^Ferguson, Renee Boucher (2004-12-20)."Sterling Commerce Completes Acquisition of TR2".EWeek. Retrieved2017-11-23.
  4. ^"Sterling Commerce Completes Acquisition of Yantra Corporation; Advances Company's Multi-Enterprise Collaboration Strategy". Business Wire. 2005-01-26. Retrieved2005-01-26.
  5. ^"Sterling Commerce to Acquire Nistevo". Manufacturing & Logistics IT Magazine. 2006-05-31. Retrieved2006-06-02.
  6. ^"Sterling Commerce to Acquires Comergent Technologies". Material Handling News. 2006-11-28. Retrieved2006-12-05.
  7. ^Challenge and Consequence: Forcing Change to eCommerce by Ralph W. Notto.Fenestra Books. 2005.ISBN 9781587364143. Retrieved2018-09-12.
  8. ^"Sterling Software Sweetens Offer to $135 Million : Informatics General OKs Merger".Daniel Akst, Los Angeles Times. 1985. Retrieved2018-09-12.
  9. ^"SBC to buy Sterling Commerce for $3.9 billion".CNET. 2002-01-02. Retrieved2017-11-23.
  10. ^"SBC and AT&T to Become Nation's Largest Telecom Firm".PBS Newshour. 2005-01-30. Retrieved2017-11-23.
  11. ^"IBM Agrees to Acquire Sterling Commerce from AT&T for $1.4 Billion".IBM. 2010-05-24. Archived fromthe original on August 3, 2010. Retrieved2017-11-23.

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