Sterling Commerce Explained
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 (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.<ref>Web site: IBM Agrees to Acquire Sterling Commerce from AT&T for $1.4 Billion. 2010-05-24. IBM. 2017-11-23.
External links
Notes and References
- Web site: Sterling Commerce is now part of IBM. IBM. 2017-11-23.
- Web site: VectorSGI Spins Off of Sterling Commerce . 2003-09-13. Supply and Demand Chain Executive. 2018-09-12.
- Web site: Sterling Commerce Completes Acquisition of TR2 . Renee Boucher. Ferguson. 2004-12-20. EWeek. 2017-11-23.
- Web site: Sterling Commerce Completes Acquisition of Yantra Corporation; Advances Company's Multi-Enterprise Collaboration Strategy. 2005-01-26. Business Wire. 2005-01-26.
- Web site: Sterling Commerce to Acquire Nistevo. 2006-05-31. Manufacturing & Logistics IT Magazine. 2006-06-02.
- Web site: Sterling Commerce to Acquires Comergent Technologies. 2006-11-28. Material Handling News. 2006-12-05.
- Book: Challenge and Consequence: Forcing Change to eCommerce by Ralph W. Notto. 2005. Fenestra Books. 9781587364143. 2018-09-12.
- Web site: Sterling Software Sweetens Offer to $135 Million : Informatics General OKs Merger. 1985. Daniel Akst, Los Angeles Times. 2018-09-12.
- Web site: SBC to buy Sterling Commerce for $3.9 billion. 2002-01-02. CNET. 2017-11-23.
- Web site: SBC and AT&T to Become Nation's Largest Telecom Firm. 2005-01-30. PBS Newshour. 2017-11-23.