What did SunGard do?

What did SunGard do?

SunGard provided software and processing for financial services, K-12 and Higher Education, and the public sector. It also provided continuity-assurance and production data center hosting services, now part of SunGard AS.

What is SunGard company?

SunGard provides software and information technology services. The Company offers technology services that focus on application implementation and integration, custom software development, and application management.

What company owns SunGard?

GL Trade
SunGard/Parent organizations

Is SunGard public sector now Superion?

SunGard Public Sector is Now Superion. ORLANDO, Fla., April 20, 2017 /PRNewswire/ — SunGard Public Sector, a leading provider of public sector software solutions, today announced its new corporate name and brand, Superion, LLC (“Superion”), focused on “Powering the Public Experience”.

How many times has SunGard been acquired?

SunGard has completed more than 150 acquisitions over the past 20 years. Among the largest acquisitions were: In 1997, SunGard Data Systems acquired Infinity Financial Technology, a designer of trading and risk-management software, for about US$390 million, where $313 million were paid in stock and $77 million went in cash.

What does SunGard stand for?

The name of the company originally was an acronym which stood for Sun Guaranteed Access to Recovered Data, a reference to the disaster recovery business it helped pioneer. SunGard was ranked at 480th in the U.S. Fortune 500 list in the year 2012.

How much debt does SunGard have?

SunGard’s total debt of US$8.08 billion was alleviated by selling this business line; nonetheless, a projected annual revenue shortage of $580 million can be assumed, resulting in a total revenue projection for the fiscal 2011 of $4.7 billion, suggesting a negative revenue trend.