Oracle is hoping to differentiate its CRM (customer relationship management) software from the competition with the acquisition of BigMachines, whose cloud-based system helps salespeople quickly put together and price complex orders.
IBM is paying $1.4 billion in cash to acquire Sterling Commerce from AT&T, the companies announced today.
IBM is buying AT&T subsidiary Sterling Commerce, maker of business-to-business data integration software, for about US $1.4 billion in cash, the companies announced Monday.
IBM reached deep into its $US20 billion acquisition war chest today by agreeing to spend $1.4 billion to acquire Sterling Commerce, an AT&T subsidiary and maker of business-to-business software.