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SunGard/AvantGard, the world’s largest supplier of treasury workstations, announced last Friday that it had reached an agreement with XRT Corp., a subsidiary of France’s Cerg Finance, to acquire XRT’s two high-end workstation brands, TWS and Globe$. With that move, acquisition-happy SunGard, with headquarters in Calabasas, Calif., has again bought an erstwhile rival to expand its portfolio of treasury workstation products, shrinking the number of vendors while enhancing the potential of investment in upgrades.

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