SunGard Acquires Aceva

SunGard has acquired Aceva Technologies, a < ?XML:NAMESPACE PREFIX = ST1 />San Mateo, Calif.-based provider of enterprise applications for revenue and receivables management. No financial terms were disclosed. SunGard was acquired in 2005 by seven private equity firms, while Aceva had raised over $50 million in VC funding since its 1999 inception, from firms like Sequoia Capital, Accel Partners and Cleastone Venture Partners.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />