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IBM Pays $1.4 Billion to Acquire Sterling Commerce from AT&T
May 24, 2010, 9:22 amIBM and AT&T announced today that IBM is acquiring Sterling Commerce from AT&T for the price of $1.4 billion. Sterling Commerce provides B2B solutions for 80% of the Fortune 500. "Businesses today are operating in a highly competitive global environment in which lines between actions taking place within and outside an organization's four walls are blurring," says Craig Hayman, general manager, WebSphere, IBM.
