SunGard is making a change in their business structure that splits off their availability services to run separately. Data Center Knowledge reports
SunGard Data Systems will split off its Availability Services business, which operates its data centers and disaster recovery business. The Sungard Availability business unit will be spun off into a separate company to its existing stockholders, including its private equity owners, in a tax-free transaction. The new company will continue to use the SunGard Availability Services name. SunGard says customers should see no impact from the change.