Sungard Higher Education Detail
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 1997, SunGard Data Systems acquired Infinity Financial Technology, a designer of trading and risk-management software, for about USD 390 million, where USD 313 million were paid in stock and USD 77 million went in cash.[3] Infinity Financial Technology reported revenues of about USD 60 million in the fiscal year 1996.in 1999, SunGard acquired Israel's Oshap Technologies (Nasdaq:OSHSF) for $210m in stock, giving SunGard a foothold in both the middleware (via Oshap's subsidiary Mint Communications) and front-office portfolio management systems markets (via Oshap's subsidiary Decalog).[4] In 2001, SunGard acquired Comdisco Inc.’s computer disaster-recovery business after a U.S. appeals court rebuffed a request by the Justice Department to halt the $825 million transaction.[5] In 2004, SunGard acquired Systems & Computer Technology Corp. (SCT) for $590 million in cash.[6]In 2008, SunGard acquired GL Trade, a Paris-based financial services firm for nearly USD 1 Billion; in a fst tranche a 65% stake in GL Trade was acquired for USD 625 Million, including effect of outstanding stock options.[7] The deal encompasses the NYSE Euronext's 40% stake in GL Trade, however 25,4% were in the hand of the founders and 36,6% of the shares were free float. The deal was considered to be financially hazardous, given the mere fact that GL Trade reported revenues of EUR 203 million and a EBITDA of EUR 26 million (fiscal year 2007).
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 1997, SunGard Data Systems acquired Infinity Financial Technology, a designer of trading and risk-management software, for about USD 390 million, where USD 313 million were paid in stock and USD 77 million went in cash.[3] Infinity Financial Technology reported revenues of about USD 60 million in the fiscal year 1996.in 1999, SunGard acquired Israel's Oshap Technologies (Nasdaq:OSHSF) for $210m in stock, giving SunGard a foothold in both the middleware (via Oshap's subsidiary Mint Communications) and front-office portfolio management systems markets (via Oshap's subsidiary Decalog).[4] In 2001, SunGard acquired Comdisco Inc.’s computer disaster-recovery business after a U.S. appeals court rebuffed a request by the Justice Department to halt the $825 million transaction.[5] In 2004, SunGard acquired Systems & Computer Technology Corp. (SCT) for $590 million in cash.[6]In 2008, SunGard acquired GL Trade, a Paris-based financial services firm for nearly USD 1 Billion; in a fst tranche a 65% stake in GL Trade was acquired for USD 625 Million, including effect of outstanding stock options.[7] The deal encompasses the NYSE Euronext's 40% stake in GL Trade, however 25,4% were in the hand of the founders and 36,6% of the shares were free float. The deal was considered to be financially hazardous, given the mere fact that GL Trade reported revenues of EUR 203 million and a EBITDA of EUR 26 million (fiscal year 2007).
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
Sungard Higher Education
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