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SUNGUARD AND IBM TO COOPEARTE IN THE DISASTER RECOVERY FIRM

James Mann, chairman, president and chief executive of the only big stand-alone US disaster recovery firm, SunGard Data Systems the other big one is owned and operated by Comdisco Inc – says that he continues to hold discussions with IBM about possible joint ventures in the disaster recovery business, but says it’s still possible that IBM could enter the business as a competitor to SunGard: IBM has assured us that there’s no immediate announcement on disaster services, he said, but added later that it’s unpredictable what IBM might do.

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CBR Staff Writer

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