M&A Deal Summary

SBC Communications Acquires Prodigy Communications

On October 19, 2001, SBC Communications acquired information technology company Prodigy Communications

Acquisition Highlights
  • This is SBC Communications’ 1st transaction in the Information Technology sector.
  • This is SBC Communications’ 3rd transaction in the United States.
  • This is SBC Communications’ 1st transaction in New York.

M&A Deal Summary

Date 2001-10-19
Target Prodigy Communications
Sector Information Technology
Buyer(s) SBC Communications
Deal Type Add-on Acquisition

Target

Prodigy Communications

White Plains, New York, United States
Prodigy Communications Corporation was an internet services provider based in White Plains, New York.

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Buyer(S) 1

Buyer

SBC Communications

San Antonio, Texas, United States

Category Company
Sector Communications
DESCRIPTION

SBC Communications, Inc. provides communication services.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: New York M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2001 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-22 Sterling Commerce

Dublin, Ohio, United States

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

Buy $3.9B