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Cloud SaaS firm SunGard files for $100m IPO, may yet be acquired before it gets there

Cloud Software as a Service (SaaS) firm SunGard Data Systems, Inc. The IPO will be the first time SunGard has been public since it was acquired by for $11.4 billion in 2005 by Silver Lake Partners TPG Capital, Bain Capital, Blackstone Group Goldman Sachs Capital Partners, KKR & Co and Providence Equity Partners; the previous owners will continue to maintain a majority interest in the company post float. Read More...

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