IBM Acquires Sterling Commerce for $1.4 Billion, Expanding B2B Commerce Solutions
IBM's recent acquisition of Sterling Commerce from AT&T for $1.4 billion is set to bolster its business-to-business (B2B) commerce solutions, enabling organizations to create more dynamic and intelligent business networks. Sterling Commerce's collaboration networks, used by over 18,000 global clients, including H.J. Heinz Co. and Motorola Inc., will now be part of IBM's middleware portfolio. This acquisition aims to deliver powerful cross-channel solutions to clients and complement IBM's industry-focused software offerings in retail, manufacturing, and other sectors.
Key Takeaways:
- IBM acquires Sterling Commerce from AT&T for $1.4 billion in cash, expanding its B2B commerce capabilities.
- Sterling Commerce's collaboration networks, used by over 18,000 global clients, will now be part of IBM's middleware portfolio.
- The acquisition aims to deliver powerful new cross-channel solutions to clients, complementing IBM's industry-focused software offerings in retail, manufacturing, and other sectors.
- The acquired technology will also enable the addition of capabilities to IBM's frameworks supporting the retail, manufacturing, communications, health care, and banking industries.
- This is IBM's fourth acquisition since starting 2010, with a total of $20 billion allocated for acquisitions over the next five years.
- Sterling Commerce's CEO, Bob Irwin, highlights the unparalleled combination of IBM's products, services, and skills with the acquired B2B integration and cross-channel capabilities.
Statistics:
- The acquisition price is $1.4 billion, with no mention of the acquisition price per client or revenue generated by Sterling Commerce.
- Over 18,000 global clients use Sterling Commerce's collaboration networks, including H.J. Heinz Co. and Motorola Inc.
- The acquired technology will support industries such as retail, manufacturing, communications, health care, and banking.
- IBM plans to spend $20 billion on acquisitions over the next five years, with the Sterling Commerce acquisition being the fourth in 2010.
Sources:
- IBM press release
- Contify.com, distributed by Domain-b.com