The Largest Tech Buyout ... Ever

The Mercury News reports on the largest tech buyout, ever. Silver Lake Partners and other private equity firms are acquiring SunGard Data Systems, a risk management software company, for $11.3 billion. There is a different kind of buyout firms are producing more IPOs than VCs. consistent growth through boom and bust. This $3 billion revenue company underperformed in the midst of growth opportunities in an increasingly risk-centric world and could be highly strategic for other enterprise software vendors. Jeff Nolan has a great post on Silver Lake leads acquisition of SunGard, largest tech buyout ever Socialtext, an emerging provider of Enterprise Social Software that dramatically increases group productivity and develops a group memory.