Sungard Availability Services
From Wikipedia, the free encyclopedia
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. At its peak, with 1,500 IT and business professionals, the company manages 20 mobile facilities staged in strategic locations and 75 hardened data centers[4] and workplace recovery facilities connected by a redundant, global dedicated network backbone.[5]
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Company type | Privately held |
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Industry |
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Founded | 1978 |
Headquarters | Wayne, Pennsylvania, USA |
Key people | Brett Diamond, CEO |
Products | IT Infrastructure, Private and Public Cloud, Disaster Recovery, Workplace Recovery, Consulting Services |
Owner | Angelo, Gordon & Co., LP; The Carlyle Group Global Credit; FS Investments and GSO Capital Partners LP. |
Number of employees | 3,000 |
Parent | Fidelity Information Services[1] |
Website | www.sungardas.com |
The company filed for Chapter 11 bankruptcy proceedings in April of 2022. In November of 2022 it concluded an agreement to sell the majority of its global assets to two competitors, 11:11 Systems and 365 Data Centers. After 40 years of operation, the company will wind-down North American operations in 2023 following the transition of its assets to 11:11 and 365.