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HolidayBuyer's Guide
Tech Industry

Short: CheckFree sells software biz to Sungard

CheckFree completed of the sale of its securities certificate accounting software business (CSSII) to Sungard SSI, a subsidiary of SunGard Data Systems, for $20 million. The sale included existing products and all maintenance contracts for CSSII. SunGard will also assume the service and support responsibilities for the products.

CheckFree completed of the sale of its securities certificate accounting software business (CSSII) to Sungard SSI, a subsidiary of SunGard Data Systems, for $20 million. The sale included existing products and all maintenance contracts for CSSII. SunGard will also assume the service and support responsibilities for the products.