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by Jeff Moad, MA Editorial Staff Posted on Tuesday, November 21, 2006 4:00:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | $155 million cash purchase of order management software developer would enable Sterling Commerce to complete its e-business suite by automating the entire order-to fulfillment process. |
| Keywords: | Comergent Technologies, order management, order capture, order fulfillment, supply chain management, EDI, electronic document management, EDI, virtual private networking software, value added network, VAN |
Aiming to assemble a suite of software products that automates the entire order-to-fulfillment business process for manufacturers, Sterling Commerce yesterday said it plans to acquire e-business software vendor Comergent Technologies Inc. for $155 million in cash. Completion of the deal is subject to a review under the Hart-Scott Rodino Antitrust Improvements Act of 1976, said Sterling CEO Sam Starr in an interview with Managing Automation. Starr said he could not predict when the acquisition will become final. The deal continues Sterling's push into the supply chain and business-to-business e-commerce space. Originally known as a provider of EDI and virtual private networking software, Sterling was acquired in 2005 by SBC Communications (since renamed AT&T Inc. following SBC's acquisition of Ma Bell). Since then, Sterling has extended its products into the supply chain market, largely through acquisition. Last year, the company purchased supply chain software vendor Yantra, and, earlier this year, Sterling combined its products with those of Nistevo, a maker of transportation management software. [Click to continue] |
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