M&A Deal Summary

IBM Acquires Sterling Commerce

On May 24, 2010, IBM acquired software company Sterling Commerce from AT&T for 1.4B USD

Acquisition Highlights
  • This is IBM’s 64th transaction in the Software sector.
  • This is IBM’s 12th largest (disclosed) transaction.
  • This is IBM’s 71st transaction in the United States.
  • This is IBM’s 1st transaction in Ohio.

M&A Deal Summary
Date 2010-05-24
Target Sterling Commerce
Sector Software
Buyer(s) IBM
Sellers(s) AT&T
Deal Type Divestiture
Deal Value 1.4B USD

Target

Sterling Commerce

Dublin, Ohio, United States
Sterling Commerce, Inc. is a software company that provides order management, B2B, and managed file transfer products.

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Buyer(S) 1

Buyer

IBM

Armonk, New York, United States
Category Company
Founded 1911
Sector Information Technology
Employees282,200
Revenue 61.9B USD (2023)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.

DEAL STATS #
Overall 94 of 198
Sector (Software) 64 of 109
Type (Divestiture) 11 of 19
State (Ohio) 1 of 4
Country (United States) 71 of 142
Year (2010) 5 of 15
Size (of disclosed) 12 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-03 Cast Iron Systems

Mountain View, California, United States

Cast Iron Systems, Inc. is a provider of cloud integration software, appliances and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-15 Coremetrics

San Mateo, California, United States

Coremetrics is a provider of on-demand Web analytics and precision marketing solutions, offering the industry's only Web analytics platform that captures and stores all customer and visitor clickstream activity to build LIVE (Lifetime Individual Visitor Experience) Profiles.

Buy -

Seller(S) 1

SELLER

AT&T

Dallas, Texas, United States
Category Company
Founded 1983
Sector Communications
Employees148,290
Revenue 122.4B USD (2023)
DESCRIPTION
AT&T's corporate headquarters in downtown Dallas, Texas.
AT&T's corporate headquarters in downtown Dallas, Texas.

AT&T is a provider of telecommunications services in the United States and the world. AT&T offers services and products to consumers in the US and services and products to businesses and other providers of telecommunications services worldwide. AT&T's services and products include wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, telecommunications equipment, managed networking, and wholesale services. AT&T was founded in 1983 and is headquartered in Dallas, Texas.

DEAL STATS #
Overall 9 of 23
Sector (Software) 1 of 1
Type (Divestiture) 6 of 19
State (Ohio) 1 of 1
Country (United States) 9 of 20
Year (2010) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-30 Plusmo

Santa Clara, California, United States

Plusmo, Inc. a provider of cross-platform mobile application solutions. Plusmo provides Mobile widgets, slideshows and gamecasts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-02 inCompass Wireless

San Diego, California, United States

inCompass Wireless, Inc. is a mobile system integrator and technology provider that provides mobile application and wireless solution development with back office systems, mobile deployment and mobile managed service, and wireless technology integration and implementation.

Buy -
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