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SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 25 largest financial services companies. Headquartered in Wayne, Pennsylvania, SunGard employs 17,900 people in more than 400 offices in 30 countries. SunGard is comprised of four businesses - Availability Services, Financial Systems, Higher Education and Public Sector - that provide IT services and infrastructure, and software and processing solutions. SunGard was formed in 1982 as a spin-off of a division of Sun Oil Company. Back in the 1970s, during a period of very low oil prices, many oil companies were diversifying their operations. Sun Oil started several businesses, including a computer services division that eventually became SunGard.
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