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Sungard
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. The name of the company originally was an acronym which stood for Sun Guaranteed Access to Recovered Data, a reference to the disaster recovery business it helped pioneer. SunGard was ranked at 480th in the U.S. Fortune 500 list in the year 2012. In August 2005, the company was acquired by seven private equity firms for $11.3 billion and de-listed from the NYSE. SunGard was one of the title sponsors of the pro cycling team until the end of 2011. In August 2015, FIS announced that it had signed a definitive agreement to acquire SunGard. Business SunGard provided software and processing for financial services, K-12 and Higher Education, and the public sector. It also provided continuity-assurance and production ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sungard Availability Services
Sungard Availability Services (Sungard AS) was a provider of IT production and recovery services. In 2021 it had annual revenues of approximately $773 million and offices in 12 countries. 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 and workplace recovery facilities connected by a redundant, global dedicated network backbone. 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. History SunGard Data Systems (SDS) is formed in 1983 th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IT Disaster Recovery
IT disaster recovery (also, simply disaster recovery (DR)) is the process of maintaining or reestablishing vital infrastructure and systems following a natural or human-induced disaster, such as a storm or battle. DR employs policies, tools, and procedures with a focus on IT systems supporting critical business functions. This involves keeping all essential aspects of a business functioning despite significant disruptive events; it can therefore be considered a subset of business continuity (BC). DR assumes that the primary site is not immediately recoverable and restores data and services to a secondary site. IT service continuity IT service continuity (ITSC) is a subset of BCP, which relies on the metrics (frequently used as key risk indicators) of recovery point/time objectives. It encompasses IT disaster recovery planning and the wider IT resilience planning. It also incorporates IT infrastructure and services related to communications, such as telephony and data communi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silver Lake Partners
Silver Lake Technology Management, L.L.C., is an American global private equity firm focused on technology and technology-enabled investments. Silver Lake is headquartered in Silicon Valley and New York, and has offices in London, Hong Kong, and Singapore. In June 2024, Silver Lake was ranked 12th in Private Equity International's PEI 300 ranking of the largest private equity firms in the world. History Silver Lake was founded in 1999, at the height of the late 1990s technology boom to make private equity investments in mature technology companies as opposed to the startups pursued actively by venture capitalists. Among the firm's founders were Jim Davidson who had led the Technology Investment Banking business at Hambrecht & Quist; David Roux who had an operational and entrepreneurial background having served as chairman and CEO of Liberate Technologies, executive vice president at Oracle Corporation and senior vice president at Lotus Development; Roger McNamee, as the repr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tunis
Tunis (, ') is the capital city, capital and largest city of Tunisia. The greater metropolitan area of Tunis, often referred to as "Grand Tunis", has about 2,700,000 inhabitants. , it is the third-largest city in the Maghreb region (after Casablanca and Algiers) and the List of largest cities in the Arab world, eleventh-largest in the Arab world. Situated on the Gulf of Tunis, behind the Lake of Tunis and the port of La Goulette (Ḥalq il-Wād), the city extends along the coastal plain and the hills that surround it. At its core lies the Medina of Tunis, Medina, a World Heritage Site. East of the Medina, through the Sea Gate (also known as the ''Bab el Bhar'' and the ''Porte de France''), begins the modern part of the city called "Ville Nouvelle", traversed by the grand Avenue Habib Bourguiba (often referred to by media and travel guides as "the Tunisian Champs-Élysées"), where the colonial-era buildings provide a clear contrast to smaller, older structures. Further east by th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than $1 trillion in total assets under management, making it the world's largest alternative investment firm. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with (equivalent to $million in ) in seed capital. The founders derived their firm's name from their names: "Schwarz" is German for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bain Capital
Bain Capital, LP is an American Investment company, private investment firm based in Boston, Massachusetts, Boston, Massachusetts, with around $185 billion of assets under management. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, cryptocurrency, crypto, tech opportunities, partnership opportunities, special situations, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 24 offices in North America, Europe, Asia, and Australia. Since its establishment, Bain Capital has invested in or acquired hundreds of companies, including AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose (clothing), Canada Goose, DIC Entertainment, Domino's Pizza, Double ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ticker Symbol
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded Share (finance), shares of a particular stock or Security (finance), security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities. Some exchanges include ticker extensions, which encode additional information such as share class, bankruptcy status, or voting rights into the ticker. The first ticker symbol was used in 1867, following the invention of the ticker tape machine by Edward A. Calahan, Edward Calahan. It was used to identify shares of the Union Pacific Railroad Company. Interpreting the symbol Stock symbols are unique identifiers assigned to each security traded on a particular market. A stock symbol can consist of letters, numbers, or a combination of both, and is a way to uniquely identify that stock. The symbols were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
King Of Prussia, Pennsylvania
King of Prussia (nicknamed K.O.P.) is a census-designated place in Upper Merion Township, Pennsylvania, Upper Merion Township in Montgomery County, Pennsylvania, United States. The community took its unusual name in the 18th century from a local tavern named the King of Prussia Inn, which was named after King Frederick the Great of Prussia. King of Prussia is considered to be an edge city of Philadelphia, consisting of large amounts of retail and office space situated at the convergence of four highways. King of Prussia is located south of Allentown, Pennsylvania, Allentown and northwest of Philadelphia. It is considered part of the larger Delaware Valley, Philadelphia metropolitan area. As of the 2020 United States census, 2020 census, its population was 22,028. King of Prussia (shopping mall), King of Prussia mall is the List of largest shopping malls in the United States, fourth-largest shopping mall in the US. The headquarters of the Nuclear Regulatory Commission Region ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NYSE Euronext
NYSE Euronext, Inc. was a Transatlantic relations, transatlantic Multinational corporation, multinational financial services corporation that operated multiple Stock exchange, securities exchanges, including the New York Stock Exchange, Euronext and NYSE Arca (formerly known as ArcaEx). NYSE merged with Archipelago Holdings on March 7, 2006, forming NYSE Group, Inc. On April 4, 2007, NYSE Group, Inc. merged with Euronext N.V. to form the first global equities exchange, with its headquarters in Lower Manhattan. The corporation was then acquired by Intercontinental Exchange, which subsequently spun off Euronext. Overview NYSE Euronext offers a broad and growing array of financial products and services in cash equities, futures contract, futures, option (finance), options, exchange-traded products (ETPs), bond (finance), bonds, market data, and commercial technology. Spanning multiple asset classes and six countries, the company's exchanges include the New York Stock Exchange, Liffe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
