Sterling Commerce (Dublin, Ohio), a subsidiary of AT&T Inc., will acquire Comergent Technologies, Inc. (Redwood City, Calif.), a developer of eBusiness software, for approximately $155 million in cash.
"Comergent provides an enterprise suite of applications for managing selling and order management processes with customers and partners," said Samuel Starr, president and CEO, Sterling Commerce. "By integrating Comergent's eBusiness Application Suite into our multi-channel order fulfillment software, we plan to offer a modular end-to-end solution for the challenges that customers historically have handled through a complex and costly mix of point solutions."
Comergent's eBusiness solution for the extended enterprise reportedly complements Sterling Commerce's solution for order orchestration across the supply chain. Comergent applications include a set of order management capabilities ranging from account management to configuration to tools for guided sales. Both Sterling Commerce and Comergent software are built on service-oriented architectures, allowing customers to incrementally adopt new capabilities as customers dictate.
"Both Comergent and Sterling Commerce share a vision for seamless supply chain execution, and today the reality is that enterprises must sell broader offerings and reach new markets to grow their business and remain competitive," said Jean Kovacs, president and CEO, Comergent Technologies, Inc.