Search

Sterling Commerce, a subsidiary of AT&T which provides multi-enterprise collaboration solutions, said today that it has completed its acquisition of Redwood City-based Comergent, in a deal worth $155M in cash. Comergent is a developer of software for order management, used for supply chain management by enterprises. Comergent is backed by Cisco Systems, Crosspoint Ventures, INVESCO Private Capital, Mobius Venture Capital, and Morgan Stanley. The deal was initially announced in November.
posted on Monday, January 8, 2007

Related companies:
Sterling Commerce

Related stories:
> Sterling Commerce Buys Comergent Technologies For $155M
> eBay Completes Sale of eBay Enterprise
> eBay Buys GSI Commerce
> eBay Completes Magento Buy
> Multiverse Raises $4.175M

---

silicontap.com Home