M&A Deal Summary

Sterling Commerce Acquires Comergent Technologies

On November 22, 2006, Sterling Commerce acquired software company Comergent Technologies for 155M USD

Acquisition Highlights
  • This is Sterling Commerce’s 1st transaction in the Software sector.
  • This is Sterling Commerce’s largest (disclosed) transaction.
  • This is Sterling Commerce’s 1st transaction in the United States.
  • This is Sterling Commerce’s 1st transaction in California.

M&A Deal Summary
Date 2006-11-22
Target Comergent Technologies
Sector Software
Buyer(s) Sterling Commerce
Deal Type Add-on Acquisition
Deal Value 155M USD

Target

Comergent Technologies

Redwood City, California, United States
Comergent Technologies, Inc. is a developer of sell-side e-commerce software.

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Buyer(S) 1

Buyer

Sterling Commerce

Dublin, Ohio, United States
Category Company
Founded 1995
Sector Software
Employees2,300
DESCRIPTION

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

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-18 XcelleNet

Atlanta, Georgia, United States

XcelleNet is the preeminent provider of software-based systems for managing remote and mobile networks and systems. XcelleNet products manage communications with fixed-site remote, mobile and extranet applications as well as wireless data-enabled devices such as interactive pagers, smart-phones and PDAs. FP sold XcelleNet to Sybase in April 2004 where it is now part of Sybase's iAnywhere division.

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