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sterlingcommerce.com

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Partners & Customers

1

About Sterling Commerce

Sterling Commerce, a subsidiary of AT&T Inc. (NYSE:T), helps customers thrive in a global economy by connecting their business communities, processes, people and technology. More than 30,000 customers worldwide - including 80 percent of the Fortune 500 - use Sterling Commerce solutions for business process integration, multi-channel selling, and supply chain fulfillment to improve profitability inside and outside their company walls. Headquartered in Columbus, Ohio, Sterling Commerce has offices in 19 countries and most major cities around the world.

Sterling Commerce Headquarter Location

4600 Lakehurst Court

Dublin, Ohio, 43016-2248,

United States

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Latest Sterling Commerce News

CRN Exclusive: IBM To Appeal $39 Million Lawsuit Verdict From 2010 Sterling Commerce Acquisition

Sep 7, 2017

CRN Exclusive: IBM To Appeal $39 Million Lawsuit Verdict From 2010 Sterling Commerce Acquisition IBM plans to appeal a multi-million-dollar verdict rendered against it in June from a lawsuit it inherited when it purchased  an enterprise software vendor years earlier. After a two-week trial, a federal jury in Tennessee awarded Jewelry Television $39 million to compensate the company on a software licensing and implementation deal gone awry with Sterling Commerce, which is now a division of Big Blue. The Knoxville, Tenn.-based jewelry retailer sued Sterling back in 2009, claiming the software developer committed fraud by over-promising comprehensive and integrated solutions to manage its business operations. Liability in the case transferred to IBM in 2010 after it acquired Sterling from AT&T for $1.4 billion. Five years earlier, the telecom giant had merged with Sterling's parent, SBC Communications. Sterling Commerce and its 2,500 employees were subsequently rolled into IBM's WebSphere organization. "We believe we presented a strong case against JTV's unwarranted claims against Sterling Commerce. We are disappointed by the jury's decision and plan to appeal," Doug Shelton, IBM's director of corporate communications, told CRN via email. Jewelry Television, which sells its wares on television and the internet, first licensed warehouse management software from Sterling back in 2006. The next year, after a series of pitch meetings with Sterling representatives, the company signed additional contracts for purchase order and operations management solutions. The customer's goal was to create a state-of-the-art warehouse for distributing jewelry after a phase of rapid growth that overstretched its custom-built legacy system, said JTV's attorney, David Shapiro. Sterling's representatives convinced JTV to go beyond the warehouse management software and purchase the two other software packages. The developer claimed the three products could all be integrated to create a seamless back-end management platform. "They kept repeating they had implemented all three for customers prior to JTV and that turned out to be blatantly false," Shapiro told CRN. In its response to JTV's request for proposal, and in subsequent conversations, Sterling pegged implementation costs at a max of $2 million, the suit claimed. Pages

Sterling Commerce Acquisitions

4 Acquisitions

Sterling Commerce acquired 4 companies. Their latest acquisition was Comergent Technologies on January 11, 2007.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/11/2007

Series B

$991

$58.7M

Acquired

8/18/2006

Series C

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$99M

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10

1/18/2005

Unattributed - V

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$991

$99M

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10

7/10/1998

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$991

$99M

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10

Date

1/11/2007

8/18/2006

1/18/2005

7/10/1998

Investment Stage

Series B

Series C

Unattributed - V

Companies

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Valuation

$991

$991

$991

Total Funding

$58.7M

$99M

$99M

$99M

Note

Acquired

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Sources

10

10

10

Sterling Commerce Partners & Customers

1 Partners and customers

Sterling Commerce has 1 strategic partners and customers. Sterling Commerce recently partnered with Infosys Technologies on December 12, 2008.

Date

Type

Business Partner

Country

News Snippet

Sources

12/8/2008

Partner

Infosys Technologies

India

Sterling Commerce and Infosys Technologies Expand Global Alliance to Deliver World Class Solutions to Multinational Companies. Companies Expand the Markets They Address with Their Market-Leading Solutions to Help Companies Improve Their Customer Service Levels.

`` Sterling Commerce is delivering world-class solutions to help companies innovate in global commerce , and this streamlined relationship with Infosys Technologies Limited delivers enhanced capacity to meet the demands of global , multinational companies , '' said Joel Reed , senior vice president of Corporate Marketing and Strategic Alliances at Sterling Commerce .

1

Date

12/8/2008

Type

Partner

Business Partner

Infosys Technologies

Country

India

News Snippet

Sterling Commerce and Infosys Technologies Expand Global Alliance to Deliver World Class Solutions to Multinational Companies. Companies Expand the Markets They Address with Their Market-Leading Solutions to Help Companies Improve Their Customer Service Levels.

`` Sterling Commerce is delivering world-class solutions to help companies innovate in global commerce , and this streamlined relationship with Infosys Technologies Limited delivers enhanced capacity to meet the demands of global , multinational companies , '' said Joel Reed , senior vice president of Corporate Marketing and Strategic Alliances at Sterling Commerce .

Sources

1

Sterling Commerce Team

7 Team Members

Sterling Commerce has 7 team members, including former Chief Executive Officer, Bob Irwin.

Name

Work History

Title

Status

Bob Irwin

Chief Executive Officer

Former

Buck Devashish

Senior Vice President

Former

Lina George PhD JD

Senior Vice President

Former

Fulvio Lana

Senior Vice President

Former

Deepak Vinchhi

Managing Director

Former

Name

Bob Irwin

Buck Devashish

Lina George PhD JD

Fulvio Lana

Deepak Vinchhi

Work History

Title

Chief Executive Officer

Senior Vice President

Senior Vice President

Senior Vice President

Managing Director

Status

Former

Former

Former

Former

Former

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