Press release: Datatel & SunGard Higher Education close transactions to combine their businesses — from ecampusnews.com
New Company to Help Institutions Succeed in Changing Education Environment
Excerpt:
SAN FRANCISCO, FAIRFAX, Va., and WAYNE, Pa. – January 23, 2012 – Hellman & Friedman, Datatel+SGHE, and SunGard Data Systems today announced that the transactions to combine the businesses of Datatel and SunGard Higher Education have closed. As a result, more than 3,000 employees will be dedicated exclusively to delivering solutions to education institutions in 40 countries.
The newly formed company will have a new name, which will be launched in the first half of 2012. Until that time, it will be referred to as Datatel+SGHE.