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SunGard To Buy VeriCenter

SunGard has agreed to acquire VeriCenter Inc., a Houston, Texas-based provider of managed services, application hosting and IT infrastructure outsourcing. No financial terms were disclosed. SunGard was acquired in 2005 by seven private equity firms, while VeriCenter has raised around $23.5 million in VC funding from BMC Software, Broadband Venture Partners, Intel Capital and Pharos Capital Group.