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Products August 18, 2005
SunGard Enhances Product Line With Pyramid Acquisition
August 18, 2005 (PLANSPONSOR.com) - SunGard has
acquired Pyramid Digital Solutions, a provider of Web-based
applications for the retirement plan industry.
Reported by Rebecca Moore
The acquisition means SunGard acquires Pyramid’s suite of retirement industry products, which include:
- PlanHR
- PlanOffice
- PlanRep
- PlanTransmit
- PlanVoice
- PlanWeb
- PyramidLink
- PyramidReports
In a company press release, SunGard touts the acquisition as an enhancement to its current suite of products and assures that the acquisition will be seamless to its clients. Don Mackanos, president of SunGard’s Omni Business Unit, said in the news release, “The pyramid product acquisition helps enhance our industry-leading suite of Web products and helps our long-term strategy to provide our customers best-of-breed functionality.”
SunGard’s OmniPlus recordkeeping system is used by organizations worldwide to process more than 23 million retirement plans. More information about the OMNI suite of products can be found on www.sungard.com .
More about Pyramid Digital Solutions can be found on www.pyramidonline.com .