Sterling Software


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Sterling Software

(Sterling Software, Dallas, TX, www.sterling.com) A software company founded in 1981 that provided a variety of products for applications and systems management as well as software and services to the U.S. government. Sterling grew through numerous acquisitions over the years, including Knowledgeware and Texas Instruments Software in the mid-1990s. Sterling itself was acquired by Computer Associates (CA) in 2000.

Its family of application development tools for all major hardware platforms, originally under the COOL brand, became CA products with names such as Gen, Aion and Plex.
References in periodicals archive ?
Dickie began his career more than 30 years ago with IBM and Sterling Software before launching two successful software companies.
David Hodgson has 24 years of experience in senior management roles at CA Technologies, Sterling Software and Syncsort.
Kane started his career in technology with Sterling Software, followed by five venture-backed software companies over a ten-year span.
The Wyly brothers held stakes as high as 16.1 percent to 36.7 percent in four companies - Michaels Stores Inc, Sterling Commerce Inc, Sterling Software Inc and Scottish Annuity & Life Holdings Ltd - and yet withheld information from investors, the SEC said.
Formerly a division of Sterling Software, Sterling Commerce became an independent corporation through an initial public offering in March 1996.
Storage management for disk storage was popularized by IBM's HSM functionality beginning in 1976 and was soon followed by DSM/OS, an HSM product from Sterling Software that quickly gained appeal for its performance, ease-of-use and policy-based capabilities.
M&A ACTIVITY OF MODELING & SIMULATION FIRMS Total Aerospace/Defense M&A Announcements YEAR M&A Announcements Of M&S Firms % of Total 2001 [*] 114 7 6% 2000 150 13 9% 1999 143 6 4% 1998 133 7 5% YEAR Notable Target Companies 2001 [*] Vector Research, EER Systems 2000 Sterling Software Federal Tech Sym, Comptek Research 1999 MRJ, Analysis & Technology, Amherst Systems 1998 EMCOR, Mystech, Questech (*)Year to date annualized Source: Houliban Lokey Howard & Zukin
Most publicly, on 1 June 2001, Texan billionaire Sam Wyly - who owns less than 1% of CA stock after selling Sterling Software to CA for $3.9 billion in 2000 - launched a surprise bid to oust CA's board of directors.
Another takeover target, Sterling Software (NYSE: SSW)--a provider of enterprise software mostly to government agencies--was acquired last March by Computer Associates (NYSE: CA), the world's leading business software company The Kenwood Group received about $36 per share at the time of the sale.
He also served as director and chairman of the Audit and Stock Option Committees of Sterling Software, Inc., director and owner of Memphis Barge Line, and director of Suregard, Inc.
Information Advantage is fading away following its acquisition by Sterling Software, leaving Business Objects, Cognos Software and Brio Technology as chief rivals.