Technology briefs

Systems

Pennsylvania-based SunGard Data Systems is to buy all the shares of New York-based Caminus for $9 each in cash. Caminus, which has 250 global clients, provides software to the energy industry, specialising in trading, risk management and transaction processing. It will be an operating unit within SunGard Trading and Risk Systems, a SunGard operating group, and will be led by John Andrus, currently chief operating officer of Caminus. The firms’ respective boards of directors have approved the

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