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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 .
In 2011, Datatel acquired SunGard Higher Education for $1.75 billion. The combined companies were renamed Ellucian and were sold in 2015 for $3.5 billion to TPG Capital. [7] Kendrick also served as President of a Texas-based financial services technology company during the 1980s.
Sungard Availability Services (Sungard AS) was a provider of IT production and recovery services. In 2021 it had annual revenues of approximately $773 million [ 2 ] and offices in 12 countries. [ 3 ] The company used its experience in recovery to design, build and run production environments that are resilient and available.
The SunGard transaction is also notable in the number of firms involved in the transaction. The involvement of seven firms in the consortium was criticized by investors in private equity who considered cross-holdings among firms to be generally unattractive. In 2015 the consortium sold the bulk of the Sungard business to FIS. [70] Broadcom: 2005
Hutchins is a former chairman of Instinet, a former chairnman of SunGard Data Systems, a former director of Nasdaq, [21] and a former director of the Center for American Progress. [22] He has also previously served on the boards of TD Ameritrade, Seagate Technology, MCI, Inc., Gartner, and Sabre Holdings. [23]
1 Early life and education. 2 Career. 3 Memberships. 4 Awards. 5 Personal life. 6 References. Toggle the table of contents. ... SunGard (2014–present): On February ...
Anthology Inc. Company type Privately held Industry Educational technology Founded January 21, 1997 ; 28 years ago (1997-01-21) Washington, D.C., U.S. Founders Stephen Gilfus Daniel Cane Michael Chasen Matthew Pittinsky Headquarters Reston, VA, U.S. Number of locations 18 Area served Worldwide Services Platform and enterprise consulting, managed hosting, student and training services, online ...
Cengage Group is an American educational content, technology, and services company for higher education, K–12, professional, and library markets. It operates in more than 20 countries around the world. [1] [2] [3]