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IBM to Buy Sterling for $1.4bn

IBM to Buy Sterling for $1.4bn

IBM has signed an agreement to pay $1.4 billion to acquire business software integrator Sterling Commerce from AT&T, the companies said Monday.

Dublin, Ohio-based Sterling sells products designed to help companies more easily share information from different business systems with partners, customers, and suppliers. The goal is to help businesses create and customize these systems so they can better communicate and work with third parties.
Read/Source: C|Net

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Stuart Davidson

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