Sungard Acquires VeriCenter

• By The WHIR, August 21, 2007

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August 21, 2007 -- (WEB HOST INDUSTRY REVIEW) -- Information availability solutions provider SunGard (sungard.com) announced on Tuesday it has completed the previously announced acquisition of Houston, Texas-based managed services provider VeriCenter (vericenter.com). The transaction is not expected to have a material impact on SunGard's financial results.

The acquisition of VeriCenter enhances SunGard Availability Services' managed service delivery capabilities while adding seven data centers throughout the US that geographically complement its existing US facilities.

"SunGard's acquisition of VeriCenter provides customers of both companies a comprehensive range of Information Availability services from a single provider," says Ted Gaasche, CEO 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 nearly four million square feet of data center space in North America and Europe.

Tags:  Europe  SunGard Availability Services  VeriCenter 

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