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.
SponsoredWhite Papers, Webcasts, and Downloads
- Five Steps to Determine When to Virtualize YourServers VMware Thinking of virtualizing the servers at your company? Use this step-by-step guide to determine when's the best time to make your big move. Download Now
- Building the Virtualized Enterprise with VMware Iinfrastructure VMware VMware virtualization software has been adopted by over 120,000 enterprise ... Download Now
- The True Costs of Virtual Server Solutions VMware Discover ways to streamline and simplify your assessment of the total acquisition costs of a server virtualization environment. Download Now
Talkback
Premier Vendor Content Whitepapers, webcasts & resources from our Power Center Sponsors
- Defy all challenges. Together. Microsoft® Visual Studio Team System.
-
Visual Studio Team System helps teams of every size collaborate better for faster app development. Click here to get a Free Trial.
- Click here to get a Free Trial>>
- News, Insights, Guidance
Visit CBSMoneyWatch.com Today -
Economic indicators are gloomy, but don't let that dampen your spirits. The all-new MoneyWatch.com was created to help you navigate this new economic terrain and get you back on track with your future plans. It's where you go from here.
Visit CBSMoneyWatch.com Today
- Learn more >>
White Papers, Webcasts, and Downloads
- Five Steps to Determine When to Virtualize YourServers VMware Thinking of virtualizing the servers at your company? Use this step-by-step guide to determine when's the best time to make your big move. Download Now
- Building the Virtualized Enterprise with VMware Iinfrastructure VMware VMware virtualization software has been adopted by over 120,000 enterprise ... Download Now
- The True Costs of Virtual Server Solutions VMware Discover ways to streamline and simplify your assessment of the total acquisition costs of a server virtualization environment. Download Now
Introducing SmartPlanet
-
- Find thought-provoking progressive ideas on topics that intersect with technology, business and life. Visit Today
-
- Technology, perspective, and insights shaping the world
- Learn innovative and practical skills for your business and your life. SmartPlanet offers 360 degree coverage that you need to feel connected to the information that matters to the world at large. Go to SmartPlanet
