Broadway & Seymour completes sale of Corbel to SunGard.CHARLOTTE, N.C.--(BUSINESS WIRE)--Nov. 20, 1996--Broadway & Seymour, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BSIS BSIS Bureau of Security and Investigative Services (California, USA) BSIS Battlefield Strategic Information System ) announced today that it completed the previously announced sale of its Corbel corbel Block or brick partially embedded in a wall, with one end projecting out from the face. The weight of added masonry above counterbalances the cantilever and keeps the block from falling out of the wall. subsidiary to SunGard Data Systems Inc. (NASDAQ: SNDT SNDT Society for Non-Destructive Testing SNDT Shrimati Nathibai Damodar Thackersey (women's university in Mumbai, India) ). The amount paid was $14 million, plus up to an additional $3.5 million in earn out payments in 1997. "This closing concludes a formally managed bid process which produced the best value attainable. Since SunGard and Corbel complement each other, Corbel customers and employees will have the strong sponsorship necessary for continued success," remarked Alan C. Stanford, President and Chief Executive Officer of Broadway & Seymour. SunGard's business is computer service and application software. The company is the only large specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. provider of proprietary investment support systems, the pioneer and a leading provider of comprehensive computer disaster recovery services, and a provider of proprietary healthcare information systems. Headquartered in Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. , Broadway & Seymour is an information technology software and services company providing integrated business solutions in chosen markets. It is a leading provider of rapidly implemented systems, technologies, processes and skills enablement in customer relationship management, including call centers, intranet and Internet solutions, and the financial and legal markets. CONTACT: Broadway & Seymour Inc., Charlotte David A. Finley or Lorin E. Brigden, 800/274-9287 email: lorin.brigden@bsis.com |
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