Company News...
Sungard
Acquires Aspiren
London – June 6th, 2007
SunGard (http://www.sungard.com) today
announced that it has acquired Aspiren, a leading specialist software provider
focused primarily on the public sector. The transaction, the terms of which were
not disclosed, is not expected to have a material impact on SunGard’s
financial results.
Aspiren, which was established in London in 2001, provides performance
improvement and information management solutions as well as a range of fraud
detection and prevention solutions that are delivered as hosted shared
technology services. Aspiren will be part of SunGard’s Vivista business unit
reporting to its president Bruce Brain.
Mr. Brain commented, “Aspiren brings a range of innovative products that
help both public and private organizations to improve effectiveness and
efficiency. This acquisition is further evidence of SunGard’s commitment to
the public sector and will greatly enhance its existing public sector Managed
Services business.”
SRN Associates have worked with Aspiren
Limited for over two years, providing key strategic financial management
consultancy and Finance Director services and preparing the business for the
exit transaction.
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