IBM Acquires Sterling Commerce From AT&T For $1.4 Billion

IBM is acquiring Sterling Commerce from AT&T for approximately $1.4 billion in cash. Sterling Commerce applications streamline the commerce lifecycle from selling to fulfillment to payments. The deal is expected to close in the second half of 2010.

IBM says the acquisition of Sterling will expand its ability to help organizations connect and communicate with customers, partners and suppliers both on-premise or through cloud computing delivery models.More than 18,000 customers use Sterling Commerce offerings.

This year, IBM bought up cloud computing company Cast Iron, health care data management firm Initiate and Intelliden. Last year, IBM acquired six companies, including Guardium, RedPill Solutions, SPSS, Ounce Labs, Exeros and Outblaze.