SunGard Data Agrees To Buy Sd-Scicon's Warrington Unit
THIS WEEK'S LEAD STORIES
SD-Scicon PLC's agreement to sell its Warrington Financial Systems Inc. to SunGard Data Systems Inc. ends the U.K. company's sortie into the U.S., fueled by the success of its TRADEPOINT trading system during London's Big Bang.
Wayne, Penn.-based SunGard picks up a product that its Money Management Systems Inc. subsidiary has been competing against for the past ten years.
SunGard Data's proposed acquisition of Warrington Financial is expected to close next month, pending SD-Scicon shareholder
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