04.01.2005 23:49:00
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SunGard Finalizes Inflow Acquisition; Move Solidifies Infrastructure a
Business Editors/Technology Writers
WAYNE, Pa.--(BUSINESS WIRE)--Jan. 4, 2005--SunGard Availability Services, an operating group of SunGard (NYSE:SDS), announced today that it has closed the acquisition of Denver-based Inflow, Inc. The transaction is not expected to have a material impact on SunGard Availability Services' financial results.
The acquisition of Inflow, an ISO 9001 certified provider, enhances SunGard Availability Services' infrastructure and service delivery capabilities. SunGard will add 14 datacenters throughout the U.S. that geographically complement its existing 23 U.S. datacenters.
"SunGard Availability Services' acquisition of Inflow provides customers of both companies a comprehensive range of information availability services from a single provider," said Jim Simmons, group chief executive officer of SunGard Availability Services. "It is our mission to provide our customers access to their important business functions according to their need - always on, within minutes, or hours depending on the criticality of their systems."
SunGard Availability Services will now serve more than 10,000 customers and have available over 3.5 million square feet of data center space predominantly in North America and Europe.
About SunGard Availability Services
SunGard Availability Services is the pioneer and leading provider of information availability services, helping to ensure that more than 10,000 clients in North America and Europe have access to their business-critical information systems. With over three million square feet of hardened facilities, SunGard offers a complete range of information availability services for more than 30 technology platforms, from 48-hour disaster recovery hotsites to always-on, high-availability infrastructure, co-location and electronic vaulting services. SunGard also provides technology and systems management services for application and data center outsourcing, as well as business continuity consulting services and planning software. For more information about SunGard Availability Services, visit www.availability.sungard.com or call 1-800-523-4970.
About SunGard
SunGard is a global leader in integrated software and processing solutions, primarily for financial services. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 20,000 customers in more than 50 countries, including the world's 50 largest financial services companies. SunGard (NYSE:SDS) is a member of the S&P 500 and has annual revenue of $3 billion. Visit SunGard at www.sungard.com.
Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
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CONTACT: SunGard Availability Services Mike Walsh, 484-582-2443 mike.walsh@sungard.com
KEYWORD: COLORADO PENNSYLVANIA INDUSTRY KEYWORD: HARDWARE SOFTWARE NETWORKING INTERNET E-COMMERCE MERGERS/ACQ SOURCE: SunGard Availability Services
Copyright Business Wire 2005
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