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SunGard was an American multinational company based in Wayne, Pennsylvania, which provided software and services to education, financial services, and public sector organizations. It was formed in 1983, as a spin-off of the computer services division of Sun Oil Company .
In 2011, Datatel acquired SunGard Higher Education for $1.75 billion. The combined companies were renamed Ellucian and were sold in 2015 for $3.5 billion to TPG Capital. [7] Kendrick also served as President of a Texas-based financial services technology company during the 1980s.
Sungard Availability Services (Sungard AS) was a provider of IT production and recovery services. In 2021 it had annual revenues of approximately $773 million [ 2 ] and offices in 12 countries. [ 3 ] The company used its experience in recovery to design, build and run production environments that are resilient and available.
SunGard Announces Fourth Quarter and Full-Year 2012 Results WAYNE, Pa.--(BUSINESS WIRE)-- SunGard, one of the world's leading software and technology services companies, today reported results for ...
Datatel, Inc. was a private company that provided fully integrated software and professional services to build enterprise education platforms for higher education until it combined with its competitor SunGard Higher Education to form Ellucian in 2012. Datatel was headquartered in Fairfax, Virginia.
EAB, formerly the Education Advisory Board, was founded in 2007 as a division of The Advisory Board Company.This was officially shortened to EAB in 2014. [1]In December 2014, it was announced that The Advisory Board Company was to acquire Royall & Company, based in Richmond, Virginia, for $850M. [2]
Cengage Group is an American educational content, technology, and services company for higher education, K–12, professional, and library markets. It operates in more than 20 countries around the world. [1] [2] [3]
Nelnet became a publicly traded company in 2003, at which point the two founders were co-CEOs. [1] In August 2003, the parent company was renamed from Nelnet Loan Services, Inc. to simply Nelnet, Inc. [6] The initial public offering occurred on August 19, 2003, for $200 million. [7] Steve Butterfield stepped down as CEO in 2007. [1]