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AT&T didnt get much of a return on its dotcom-era acquisition of Sterling Commerce. The carrier, whose predecessor SBC Communications bought Sterling for $3.9 billion in stock back in 2000, sold the business-to-business services provider to IBM today for about $1.4 billion in cash.

UPDATE 2-IBM to buy AT&T’s Sterling Commerce for $1.4 bln

IBM’s $1.4 billion move to buy AT&T’s Sterling Commerce subsidiary could mean a major margin boost.

International Business Machines Corp., the worlds biggest computer-services provider, agreed to buy Sterling Commerce for $1.4 billion in cash, gaining software that helps businesses conduct transactions.

UPDATE 1-IBM to buy Sterling Commerce from ATT for $1.4 bln