SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) today announced the commencement of an underwritten public offering of up to $1.25 billion of its common stock, subject to market conditions. SS&C intends to grant the underwriters a 30-day option to purchase up to an additional $187.5 million of its common stock for sale in the offering.

The Company intends to use approximately $728 million of the net proceeds of this offering, together with the proceeds from debt financing transactions, to finance its pending acquisition of DST Systems, Inc. The Company intends to use the remaining net proceeds for general corporate purposes, which may include the repayment of indebtedness or to fund future acquisitions. Completion of the offering is not contingent upon consummation of the acquisition of DST or the terms of the acquisition. If the acquisition of DST is not consummated for any reason, the Company will use all of the net proceeds from this offering for general corporate purposes.

About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticutand has offices around the world. Some 11,000 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.