SunGard Data Systems Net Worth is4.50 $Billion
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Company Name: SunGard Data Systems Inc.

Company Logo: Image:SunGard logo.jpg

Company Type: Private Company

Foundation: 1983

Location: Wayne, Pennsylvania, USA

Owner: Silver Lake Partners,, and Providence Equity Partners

Key People: Russ Fradin , (CEO)

Industry: Information Technology

Products: Computer software , Support services

Revenue: {{Loss}} United States dollar 4.991 Billion (2011)

Num Employees: 17000 (2011)

Homepage: [http://www.sungard.com/ sungard.com]

SunGard is an American multinational company based in Wayne, Pennsylvania, which provides software and services to education, financial services, and public sector organizations. It was formed in 1983, as a spin-off of the computer services division of Sun Oil Company. The company has more than 25,000 customers in more than 70 countries. The name of the company originally was an initialism which stood for Sun Guaranteed Access to Recovered Data, a reference to the disaster recovery business it helped pioneer. SunGard is ranked at 480th in the U.S. Fortune 500 list in the year 2012. SunGard was one of the title sponsors of the Team Saxo Bank-Tinkoff Bank pro cycling team until the end of 2011.
SunGard provides software and processing for financial services, K-12 education, and the public sector. It also provides continuity-assurance and production data center hosting services to enterprises of all types. SunGard has offices in many parts of the world outside of the United States including Paris, Tunis, Stockholm, and the United Kingdom.[citation needed]
SunGard has historically grown by acquisition. Past mergers include Performance Pathways, Vericenter, InFlow, Strohl Systems, Comdisco Continuity Services, and Guardian iT PLC on the availability side, Systems & Computer Technology Corp. (SCT) on the higher education side, and GL Trade, Oshap (Mint, Decalog), TRAX, Carnot AG, Front Capital Systems (Front Arena), Martini, Monis, APT, Dyatron, Reech, VPM, Phase 3 Systems, Infinity, Microhedge, Reconciliation, Automated Securities Clearance India, Opus Renaissance Software Inc., and National Computer Systems Financial Systems Division on the (primarily financial) software and processing side. SunGard has completed more than 150 acquisitions over the past 20 years.
The five large and most prominent acquisitions were:
In August 2011 Datatel and SunGard's Higher Education group announced the definitive agreement to combine businesses and operate as one company.

SunGard Data Systems Latest News

SunGard Data Systems Inc.

Public Company Incorporated: 1982 Employees: 2,300 Sales: $381.4 million Stock Exchanges: NASDAQ London SICs: 7373 Computer Integrated Systems Design; 7374 Data Processing and Preparation SunGard Data Systems Inc. is one of the largest firms in the ...
Posted: August 12, 2017, 5:00 pm

Average Salary for SunGard Data Systems Employees

The median income for SunGard Data Systems employees is $82K annually. Though how long you've been working and what you do at the company are influential salary factors for those at SunGard Data Systems, where you live turns out to have the greatest impact ...
Posted: August 9, 2017, 5:00 pm

Sungard Availability Splits From SunGard, Rebrands

As it splits from SunGard Data Systems, the company is asserting its independence while maintaining the continuity of the most familiar brand in disaster recovery. SunGard announced in January that it would spin off its Availability Services business ...
Posted: April 1, 2014, 4:00 am

Exclusive: SunGard explores $2 billion data unit sale - sources

NEW YORK (Reuters) - SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, several people familiar with the matter said ...
Posted: June 18, 2013, 2:53 pm

That Once-Troubled SunGard LBO Shines In Its New Home

It's worth mentioning that the biggest spenders are the ones precluded by regulators from any game-changing mergers, so this risk is somewhat mitigated. This was helped by FIS's sale of SunGard's data-systems unit to Vista Equity Partners for $850 million.
Posted: August 9, 2017, 5:59 am
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