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Sterling Commerce

Sterling Commerce was a software and services company providing Omni-Channel Commerce, B2B including Electronic data interchange (EDI) translation software and one of the first B2B Integration platforms and managed file transfer ("MFT") products[1] such as Connect:Direct (originally named Network Data Mover). Sterling Commerce was headquartered near Columbus, Ohio in Dublin, Ohio. SBC Communications acquired Sterling Commerce (see "Ownership" below), then SBC merged with AT&T (renamed as Sterling Commerce, an AT&T Company), who sold Sterling Commerce to IBM. Sterling Commerce's Columbus, Ohio campus is now an IBM facility.

Previous acquisitions

  • 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

  • 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 of Informatics, Inc. William Plumb is often cited as one of the fathers of EDI.[7]
  • In June, 1985, Sterling Software, a public company chaired by Samuel 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 of AT&T Corp. and SBC Communications in November 2005, Sterling Commerce became an AT&T company.[10]
  • In May 2010 IBM acquired Sterling Commerce from AT&T.[11]

External links

References

  1. Sterling Commerce is now part of IBM IBM, retrieved 2017-11-23^
  2. VectorSGI Spins Off of Sterling Commerce Supply and Demand Chain Executive, 2003-09-13, retrieved 2018-09-12^
  3. Renee Boucher Ferguson. Sterling Commerce Completes Acquisition of TR2 EWeek, 2004-12-20, retrieved 2017-11-23^
  4. Sterling Commerce Completes Acquisition of Yantra Corporation; Advances Company's Multi-Enterprise Collaboration Strategy Business Wire, 2005-01-26, retrieved 2005-01-26^
  5. Sterling Commerce to Acquire Nistevo Manufacturing & Logistics IT Magazine, 2006-05-31, retrieved 2006-06-02^
  6. Sterling Commerce to Acquires Comergent Technologies Material Handling News, 2006-11-28, retrieved 2006-12-05^
  7. Challenge and Consequence: Forcing Change to eCommerce by Ralph W. Notto Fenestra Books, 2005, retrieved 2018-09-12^
  8. Sterling Software Sweetens Offer to $135 Million : Informatics General OKs Merger Daniel Akst, Los Angeles Times, 1985, retrieved 2018-09-12^
  9. SBC to buy Sterling Commerce for $3.9 billion CNET, 2002-01-02, retrieved 2017-11-23^
  10. SBC and AT&T to Become Nation's Largest Telecom Firm PBS Newshour, 2005-01-30, retrieved 2017-11-23^
  11. IBM Agrees to Acquire Sterling Commerce from AT&T for $1.4 Billion IBM, 2010-05-24, retrieved 2017-11-23^