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 seven investment.
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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