M&A Deal Summary

SunGard Data Systems Acquires Comdisco - Disaster Recovery Business

On November 15, 2001, SunGard Data Systems acquired information technology company Comdisco - Disaster Recovery Business from Comdisco for 825M USD

Acquisition Highlights
  • This is SunGard Data Systems’ 1st transaction in the Information Technology sector.
  • This is SunGard Data Systems’ largest (disclosed) transaction.
  • This is SunGard Data Systems’ 2nd transaction in the United States.
  • This is SunGard Data Systems’ 1st transaction in Illinois.

M&A Deal Summary
Date 2001-11-15
Target Comdisco - Disaster Recovery Business
Sector Information Technology
Buyer(s) SunGard Data Systems
Sellers(s) Comdisco
Deal Type Divestiture
Deal Value 825M USD

Target

Comdisco - Disaster Recovery Business

Rosemont, Illinois, United States
Comdisco's Disaster Recovery Business assists small to medium sized companies with IT systems and disaster recovery solutions.

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Buyer(S) 1

Buyer

SunGard Data Systems

Wayne, Pennsylvania, United States

website

Category Company
Founded 1982
Sector Software
Employees17,000
Revenue 4.5B USD (2013)
DESCRIPTION
Sungard campus in Downers Grove, Illinois.
Sungard campus in Downers Grove, Illinois.

SunGard Data Systems, Inc. is a provider of software and processing solutions for the financial services industry, higher education, and the public sector in over 70 countries. SunGard also offers disaster recovery, managed IT, and information availability consulting services along with business continuity management software.

DEAL STATS #
Overall 2 of 14
Sector (Information Technology) 1 of 3
Type (Divestiture) 1 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 11
Year (2001) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-17 Microbank Software

Livingston, New Jersey, United States

Microbank Software, Inc. develops, markets and supports software products that automate client service, account reconciliation, and data management for financial institutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-21 Caminus

New York, New York, United States

Caminus Corp. is a provider of software services to the power and gas trading industry.

Buy $159M

Seller(S) 1

SELLER

Comdisco

Rosemont, Illinois, United States

website

Category Company
Founded 1969
Sector Information Technology
DESCRIPTION

Comdisco, Inc. provides disaster recovery and contingency planning services.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 1 of 1
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