IBM Buys Sterling Commerce -- Redmondmag.com

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IBM Buys Sterling Commerce

Big Blue made a major customer acquisition move today in buying Sterling Commerce, according to an analyst. IBM is buying the Dublin, Ohio-based electronic data interchange (EDI) software company from AT&T for $1.4 billion. Analyst Ray Wang told RCP's Jeffrey Schwartz that by processing large volumes of transactions between B2B trading partners, Sterling actually brings IBM a lot of high-value customers among large banks, telcos and retailers.

Posted by Scott Bekker on 05/24/2010 at 1:23 PM

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