Sterling acquires Yantra
Sterling Commerce, a multi-enterprise collaboration company and wholly owned subsidiary of SBC Communications, Inc., purchased Yantra Corp., a provider of distributed order management and supply chain fulfillment solutions, for approximately $170 million in cash. The transaction was completed Jan.
Sterling Commerce expects to retain all Yantra employees and operate the company as a new business division. Yantra's application suite will be incorporated into Sterling Commerce's recently announced Multi-Enterprise Services Architecture. Sterling plans to offer the integrated set of composite applications both as a software solution and hosted service.
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- Sterling Commerce Announces Acquisition of TR2.
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- ARC Forecasts Warehouse Management System Market to Reach $1.3 Billion: Consolidation Roils the Market.
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