Monday, November 20, 2006

at&t buys more e-commerce

After buying USi, now at&t is buying an e-biz app to compliment its collaboration software. Forbes has the story:

Sterling Commerce, a collaboration products provider and subsidiary of telecom giant AT&T Inc., on Monday said it agreed to acquire privately held Comergent Technologies Inc. for about $155 million in cash. Sterling Commerce plans to incorporate Comergent's e-business applications into an end-to-end order fulfillment solution for its customers.

This is the funny part: "The acquisition is expected to close shortly after the expiration or early termination of the regulatory antitrust waiting period, according to Sterling Commerce." Oh, wait! AT&T opens an office in Dubai, too.

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