Sterling Commerce, a provider of multi-enterprise collaboration solutions and a subsidiary of telecommunications company AT&T Inc. (NYSE:T), has agreed to acquire Nistevo, a provider of on-demand transportation management system (TMS) solutions. The transaction is subject to Nistevo shareholder approval.
The addition of Nistevo's Collaborative Logistics Network will expand the Sterling Commerce supply chain application portfolio. The Nistevo Collaborative Logistics Network is an on-demand, Web-based network that enables shippers and carriers to improve the efficiency of their logistics and supply chain operations with lower start-up costs when compared to traditional software solutions. To date, the Collaborative Logistics Network has been adopted by more than 60 shippers, spans a community of over 6,400 carriers, and manages approximately 65 million transactions annually.
Nistevo’s on-demand solutions will complement several solutions Sterling Commerce already offers as part of the company's efforts to provide a range of deployment choices for its customers.
