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Another big acquisition for PowerSchool . . .

Another big acquisition for PowerSchool . . .

From the PowerSchool press release Dec 7th, 2016; I am excited to announce that PowerSchool has entered into a definitive agreement to acquire SunGard K-12, a leading provider of cloud-enabled ERP and back- office solutions designed to power school operations and improve efficiency. SunGard’s ERP platform provides comprehensive finance, human resources, payroll, and compliance capabilities that are developed and fully adaptable to meet the needs of K-12 schools and districts. This acquisition will provide significant value to our education community by bringing together K-12 focused cloud ERP with PowerSchool’s best-in-class Unified Classroom and Student Information System. Thank you for your continued support. In the meantime, for more information, please visit www.powerschool.com/sungardk12 Regards, Hardeep Gulati PowerSchool CEO

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