11:11 Systems Acquires Sungard Availability Services' Recovery and Cloud Managed Services Businesses
November 3, 2022
11:11 Systems has completed the acquisitions of Sungard Availability Services’ Recovery Services business and Cloud and Managed Services (CMS) business, integrating the brands into 11:11’s suite of cloud, connectivity and security solutions. The deal — executed with backing from Tiger Infrastructure Partners — expands 11:11’s capabilities and customer footprint, positioning the company as a market leader in managed infrastructure and resilience services.
- Targets
- Sungard Availability Services (Recovery Services business), Sungard Availability Services (Cloud and Managed Services business)
- Sellers
- Sungard Availability Services
- Industry
- IT Services
- Location
- Pennsylvania, United States
- Transaction Type
- Divestiture
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