Sungard Closes Deal For Oshap, Decalog's Idee Joins Product Line


WAYNE, Pa.--Sungard Data Systems Inc. has completed its acquisition of Oshap Technologies Ltd. of Herzilaya, Israel for a total of $233.5 million. Sungard says it does not expect the transaction to have a material impact on its 1999 financial results. The deal was structured in two parts, with $171 in Sungard stock being exchanged for all of Oshap's shares, and another $52 million in Sungard shares used Oshap's minority stakes in Decalog and Mint Communication Systems.

Decalog, which is based

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: