Sungard today announced that its offer to acquire System Access Limited, a leading provider of universal banking software solutions for financial institutions worldwide, has become unconditional in all respects. SunGard has received acceptances in respect of approximately 99.54% of System Access’ shares. System Access will expand SunGard’s portfolio of product offerings into the core banking space. The transaction is not expected to have a material impact on SunGard’s financial results.

Read the full press release here.

Related posts:

1. System Access lodges Preliminary Prospectus with Monetary Authority of Singapore
2. IAH secures US$14.2 million from global investors
3. Stratech Systems Launches 66.77 million shares at S$1.10
4. Singapore ‘A Best Place for Start-Ups Today’
5. Ecquaria Selected By World Bank For Mexican e-Government Project