Yantra, which is privately held, makes business software that handles inventory and shipping logistics. The buyout gives Sterling, which specializes in electronic trading networks, additional e-commerce tools and services to offer more than 29,000 corporate clients, the company said. Sterling plans to retain all 250 Yantra employees and complete the deal by March.
Sterling Commerce, an e-commerce subsidiary of SBC Communications, announced on Monday that it's agreed to acquire Boston-based software maker Yantra for $170 million in cash.
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