Education-Technology Giants, SunGard and Datatel, Announce Merger

By Jeff Young - The Chronicle of Higher Education Two of the…

SunGard Higher Education to merge with Datatel in $1.7B deal, no word on jobs impact

SunGard Data Systems Inc. will sell its SunGard Higher Education business for $1.78 billion in cash to affiliates of private-equity firm Hellman & Friedman LLC . Hellman will combine it with Datatel, a developer of software for colleges and universities that it already owns.

Datatel Letter to Clients on SunGard Merger

This morning, Datatel, Inc. and SunGard Higher Education announced that the companies have entered into definitive agreements to combine businesses and form one company. I am confident that this combination will deliver great benefit to Datatel customers and to the education community world-wide. Together, over 3,000 employees will be dedicated to delivering solutions to meet our mutual clients’ future needs.

Datatel and Sungard Higher Education Sign Agreement for Proposed Business Combination

The strategic combination will bring together two education specialists…