Irish Firm Delphi bought by SunGard
Dublin-based Delphi Technologies has been acquired by US firm SunGard for an undisclosed sum.
Under the deal, Delphi, which provides consulting and managed professional services to the telecoms and financial services sectors, will become part of SunGard’s European consulting business. Financial details were not revealed but reports suggest the Irish firm is worth around EUR20 million.
Delphi was founded in 1998 by Martin Walsh. It employs 140 highly skilled IT professionals who specialise in providing services such as project management, business analysis, application development, QA and testing. Walsh believes being a part of SunGard will help Delphi expand its market reach and maintain its solid growth of the past number of years.
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