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

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  • 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

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  • 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]

References

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  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. ^ Ferguson, Renee Boucher (2004-12-20). "Sterling Commerce Completes Acquisition of TR2". EWeek. 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. ISBN 9781587364143. 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. Archived from the original on August 3, 2010. Retrieved 2017-11-23.
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