SunGard Announces Plan to Spin off Availability Services Business; Will Separate into Two Strong, Industry-leading Companies; Provides Guidance on Revenue Growth and Reaffirms 2004 Earnings Outlook
Cristóbal Conde, SunGard’s president and chief executive officer, said, “This is great news for our stockholders, customers and employees. We are pursuing a strategic separation of SunGard into two financially strong, independent companies so that each can better focus on its distinct type of business and better pursue its own growth opportunities. Our software and […]