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.
SunGard Higher Education to merge with Datatel in $1.7B deal, no word on jobs impact Read More »
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 Letter to Clients on SunGard Merger Read More »
FAIRFAX, Va., MALVERN, Pa. and WAYNE, Pa. August 4, 2011 — Datatel and SunGard Higher Education announced today that they have signed definitive agreements to combine businesses and operate as one company focused exclusively on serving education institutions. This strategic combination brings together two education industry specialists into one company with increased breadth and scale to meet
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