SunGard In Talks To Acquire ISA And Its Prism System

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SunGard Data Systems Inc., a Pennsylvania-based developer of investment management application software, has approached US Sprint about purchasing the phone company's Atlanta-based Information Systems of America Inc. (ISA) subsidiary. ISA has developed and marketed IBM mainframe-based systems for investment management and accounting since 1970, and brings to the table its most current system, known as Prism.

Industry sources say the interest is based, in part, on SunGard's desire to garner a

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