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Who is SunGard owned by?

Posted on November 1, 2022 by David Darling

Table of Contents

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  • Who is SunGard owned by?
  • Is SunGard still in business?
  • How much is SunGard worth?
  • Is SunGard part of fidelity?
  • How many employees does SunGard have?
  • What does SunGard company do?
  • Can Fidelity make you rich?
  • How Does Fidelity make money with no commission?
  • What does SunGard mean?
  • Is SunGard a Fortune 500 company?

Who is SunGard owned by?

FIS
SunGard

Type Private
Products Computer software Support services
Revenue $4.991 billion (2011)
Owner FIS
Number of employees 13,000 (2014)

Is SunGard still in business?

Sungard Availability Services cited pricey colocation centers and COVID-19 as business challenges that led the company to file for bankruptcy in the U.S., Canada and the U.K. Sungard Availability Services declared Chapter 11 bankruptcy in the U.S., the second in the company’s recent history.

How much is SunGard worth?

An acquisition worth $9.1 billion has closed between Sunward and FIS, which will see the payment of nearly all of SunGard’s existing debt.

What kind of company is SunGard?

SunGard Data Systems provides software and processing solutions for the financial services industry, higher education, and the public sector in over 70 countries.

Is SunGard a good company?

Good technology company with good employees Technology and the business was good most of the time. Front line employees promoted a good culture and made is a pleasant and fun place to work.

Is SunGard part of fidelity?

Fidelity National Information Services Inc., a provider of banking and payments technology, said Wednesday it agreed to buy Wayne’s SunGard Data Systems Inc. in a deal valued at $9.1 billion, including the assumption of $4 billion of debt.

How many employees does SunGard have?

Sungard Availability Services (Sungard AS) is a provider of IT production and recovery services with annual revenues of approximately $773 million and offices in 12 countries….Sungard Availability Services.

Type Privately held
Number of employees 3,000
Parent Fidelity Information Services
Website www.sungardas.com

What does SunGard company do?

Sungard Availability Services (Sungard AS) is a provider of IT production and recovery services with annual revenues of approximately $773 million and offices in 12 countries. The company uses its experience in recovery to design, build and run production environments that are resilient and available.

Is SunGard a product based company?

Sungard Availability Services – Good Product Based Company | Glassdoor.

What does Sungard company do?

Can Fidelity make you rich?

It will take you straight to the handful of Fidelity funds that are BEST managed… have the BEST historical performance… and are BEST suited for growing your wealth….

AVERAGE FUND INVESTOR FIDELITY INVESTOR
2015 $236,799 $514,760
ADVANTAGE EXTRA PROFIT 117% $277,961

How Does Fidelity make money with no commission?

Fidelity makes money by charging its clients fees for the management of accounts and other services. Despite being one of the largest no-commission brokers, Fidelity doesn’t use the payment-for-order flow model used by so many of its peers like Charles Schwab, TD Ameritrade, and Robinhood.

What does SunGard mean?

SunGard was an American multinational company based in Wayne, Pennsylvania, which provided software and services to education, financial services, and public sector organizations.

What happened to SunGard public sector Holdings Ltd?

In December 2010, The Capita 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.

What does SunGard do now?

SunGard was one of the title sponsors of the Tinkoff pro cycling team until the end of 2011. In August 2015, FIS announced that it had signed a definitive agreement to acquire SunGard. SunGard provided software and processing for financial services, K-12 and Higher Education, and the public sector.

Is SunGard a Fortune 500 company?

SunGard was ranked at 480th in the U.S. Fortune 500 list in the year 2012. In August 2005 the company was acquired by seven private equity firms and de-listed from the NYSE. SunGard was one of the title sponsors of the Tinkoff pro cycling team until the end of 2011.

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