Sterling Commerce to Acquire E-Commerce Firm Comergent
Sterling Commerce, an AT&T subsidiary, last week acquired e-commerce platform provider Comergent for US$155 million in cash -- further evidence of the rapid development and consolidation taking place in the B2C and B2B market sectors. The merger offers AT&T an opportunity to cross-sell the end-to-end order fulfillment solution with its hosted service. Given the two companies' respective successes, the acquisition has taken some industry observers by surprise.
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