Unisys Corporation (NYSE: UIS), headquartered in Blue Bell, Whitpain Township, Pennsylvania, United States, and incorporated in Delaware, is a global provider of information technology services and programs.
Unisys was formed in September 1986 through the merger of the mainframe corporations Sperry and Burroughs, with Burroughs buying Sperry for $4.8 billion. The name was chosen after an internal competition. The merger was the largest in the com...
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Unisys Corporation (NYSE: UIS), headquartered in Blue Bell, Whitpain Township, Pennsylvania, United States, and incorporated in Delaware, is a global provider of information technology services and programs.
Unisys was formed in September 1986 through the merger of the mainframe corporations Sperry and Burroughs, with Burroughs buying Sperry for $4.8 billion. The name was chosen after an internal competition. The merger was the largest in the computer industry at the time and made Unisys the second largest computer company, with annual revenue of $10.5 billion . At the time of the merger, Unisys had approximately 120,000 employees.
In addition to hardware, both Burroughs and Sperry had a history of working on U.S. government contracts. Unisys continues to provide hardware, software, and services to various government agencies.
In 1990, Unisys spread to the United Kingdom when a British businessman bought shares into the company and took over the running of its British dealings.
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