Datatel and SunGard Higher Education Close Transactions to Combine their Businesses

Hellman & Friedman, Datatel+SGHE, and SunGard Data Systems today announced that the transactions to combine the businesses of Datatel and SunGard Higher Education have closed.  As a result, more than 3,000 employees will be dedicated exclusively to delivering solutions to education institutions in 40 countries.

The newly formed company will have a new name, which will be launched in the first half of 2012.  Until that time, it will be referred to as Datatel+SGHE.