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RE: Re: Sterling Commerce news
When a company like INOVIS/Peregrine/Harbinger keeps on being sold;
product development is hurt. I believe that because of all the moves,
INOVIS is about 2 years behind everyone else in product features. I
hope that this does not happen to Sterling.
Happy holidays!
Brian Test
Senior E-Commerce Analyst
ACCO North America
300 Tower Parkway
Lincolnshire, IL 60069-3640
(800) 222-6462 x3973
(847) 419-4146 FAX
-----Original Message-----
From: iie_consulting <
[mailto:
Sent: Friday, December 20, 2002 5:14 PM
To:
Subject: [EDI-L] Re: Sterling Commerce news
Well,
that's reasonable...the VC organization's are looking for some
short/mid - term profits. They don't wanna run the company forever -
just long enough as it takes to make this company more profitable (or
as long as the current customer-base is there ...to squeeze some more
money out) and allows them to sell it at a higher price.
This means:
- there will be layoffs and all kinds of restructuring measures which
will impact the short-time results, but in the long run the customers
will have to suffer
- fewer people in support ... service gets worse
- good people leave the company and new people come in that don't
have the know how...
- some products will be discontinued
...but the bottom line is, that basically you just don't know...
anything is possible.
(I'm just glad that I'm not a Sterling-Customer right now)
IMHO
Steve
--- In "David Frenkel" <gefeg@a...> wrote:
> Generally venture capital (VC) organizations look to take companies
they
> buy public to recoup their investment. Given SBC purchased
Sterling for
> around $4 Billion and is selling it for $1 Billion somebody thinks
they
> are getting a good price for the company.
>
> Regards,
>
> David Frenkel
> Business Development
> GEFEG USA
> Global Leader in Ecommerce Tools
> www.gefeg.com
> 425-260-5030
>
> -----Original Message-----
> From: William Mojica [mailto:wmojica@r...]
> Sent: Friday, December 20, 2002 12:12 PM
> To: 'David Frenkel';
> Subject: RE: [EDI-L] Sterling Commerce news
>
> One can only wonder how this is going to affect (in the long run)
those
> of
> us who uses Gentran:server of any flavor..?
>
> WDM
>
> -----Original Message-----
> From: David Frenkel [mailto:gefeg@a...]
> Sent: Friday, December 20, 2002 12:24 PM
> To:
> Subject: [EDI-L] Sterling Commerce news
>
>
> M&A| Computer Software & Services
> Buyer: Bain Capital, Inc., Boston, MA
> Company: Sterling Commerce, Columbus, OH
> Bain Capital, a buyout firm, is negotiating to acquire Sterling
> Commerce, the e-business software development unit of SBC
> Communications. Bain's offer is reportedly worth $1 billion.
> TheDeal.com, December 12, 2002
>
> Regards,
>
> David Frenkel
> Business Development
> GEFEG USA
> Global Leader in Ecommerce Tools
> www.gefeg.com
> 425-260-5030
>
>
>
> [Non-text portions of this message have been removed]
>
>
>
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