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The Monomoy acquisition will transform CTC into a standalone business and provide CTC with unprecedented financial and strategic resources.
Instead, CTC decided in May to instead shed its cell phone business altogether, selling it for a $1.
Unisys and CTC are focused on showing businesses that they have an alternative to proprietary UNIX-based computers," said Simon Shiach, vice president of Program Marketing, Unisys.
The agreement we've reached accomplishes this and also provides significant financial benefits to the state," said David Redmond, president of CTC.