11:11 Systems has completed the sale of Sungard Availability Services’ (SAS – no relation) Recovery Services business and its Cloud and Managed Services (CMS) business.
Once the integration is complete, the acquired brands will operate as 11:11 Systems.
11:11 CEO, Brett Diamond said: “We had the opportunity to bring together expertise, solutions and services from leading companies, including these two Sungard AS businesses, to form the foundation of 11:11 Systems.”
“With the strong building blocks of subject matter expertise, established products and services, and exceptional customer and partner relationships, we are thrilled to combine entities under the 11:11 brand.
“Combining the best of each of the cloud, connectivity and security experts, our interconnected team is equipped to handle a wide spectrum of customer challenges – from the simple to the complex – now giving customers more options, speed and efficiency.”
The UK arm of SAS went into administration in the face of rising energy costs, a stand-off with landlords over rent prices and the impact of the Covid-19 pandemic.
