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With Sungard Bid, Future of Savvis Hangs in Balance

NETWORKS AND INFRASTRUCTURE

    • WatersTechnology Staff

HERNDON, Va.--When Bridge Information Systems filed for bankruptcy in February (Inside Market Data, Feb. 19), the future of Savvis, Bridge's network provider, suddenly hung in the balance. Although it continues to operate (and even grow its ex-Bridge business), its future may soon rest in Sungard's hands.

Sungard submitted a $165 million bid for several pieces of Bridge late last month and now appears likely to succeed in its efforts if US Bankruptcy Court Judge David McDonald does not extend the

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