SunGard Spinning Off Availability Services
SunGard is spinning off its Availability Services business as a stand-alone public company.SunGard is spinning off its Availability Services business as a stand-alone public company that will begin operation by the end of next quarter. Catering to the IT-dependent audience, Availability Services will take advantage of its independence to help customers proactively remake their IT infrastructures to solve changing business and data requirements within their own sectors.
SunGard Availability Services will retain the SunGard name and brand. The business provides managed hosting, disaster recovery, information security, high-availability storage, records management, contingency planning, software and consulting practices.