Understanding Sungard energy
SunGard was an American multinational company based in Wayne, Pennsylvania, which provided 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 name of the company originally was an acronym.
SunGard provided software and processing for financial services,and , and the public sector. It also provided continuity-assurance and production data center hosting services, now part of .
Formerly listed on the( SDS) on August 11, 2005, the company was acquired by a consortium of seveninvestment.
SunGard historically grew by acquisition. Past mergers included Performance Pathways, Vericenter, InFlow, Strohl Systems, Comdisco Continuity Services, and.
• In December 2010,Group plc acquired SunGard Public Sector Holdings Ltd (part of the business servicing the UK public sector) for £86 million. The new business was known as Capita Secure Information Systems; it has now been renamed Capita Secure Managed Services.
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About Sungard energy video introduction
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