Unisys Corporation

Unisys Corporation

The company formed in 1984-5 when Burroughs Corporation merged with Sperry Corporation. This was when the phrase "dinosaurs mating" was coined.

Unisys is one of the largest providers of information services, technology, and software in the world. They employ about 49,000 people and do business in some 100 countries. In 1994 about 80 percent of revenue was derived from commercial information systems and services, with the remainder coming from electronic systems and services for the defense market. The defense business was sold to Loral in early 1995. Slightly more than half of Unisys's revenue is from business in the United States.

They specialise in providing business-critical solutions, based on open information networks, for organisations that operate in transaction-intensive environments. These organisations include financial services companies, airlines, telecommunications companies, government agencies, and other commercial enterprises.

In August 1994, quarterly sales were $1799M and profits $50M.

References in periodicals archive ?
Under the latest extension Unisys Corporation will continue to provide engineering support for Unisys ClearPath and ES7000 servers and other products to the NUL Group.
Unisys Corporation (NYSE:UIS) said today that it will participate at the Merrill Lynch Internet, Software, and Services Conference in New York tomorrow, Tuesday, February 13, 2007.
27 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) announced today that its Government Systems Group has been awarded a competitive contract to provide information management support and services within the Department of State's Bureau of Administration, Office of Operations (OPR).
LUXEMBOURG -- Unisys Belgium, a subsidiary of Unisys Corporation (NYSE:UIS), today announced that lux-Airport, the operator of the new airport terminal to be opened in the first half of 2008 in the Grand Duchy of Luxembourg, has awarded Unisys a five-year outsourcing contract to build and manage an IT infrastructure to support the airport's operations.
Unisys Corporation (NYSE:UIS) said today that it will release its fourth-quarter and full-year 2006 financial results on Wednesday, January 24, 2007 before the opening of trading on the New York Stock Exchange.
21 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) announced today that the company has signed a teaming agreement with Electric Boat, a division of General Dynamics Corporation (NYSE: GM), to jointly support the Command, Control, Communications and Intelligence systems for the U.
LAS VEGAS -- Unisys Corporation (NYSE:UIS) today announced the Unisys SOA Vision suite, a set of payment processing products comprising web services that enable clients to build, maintain and capitalize on the benefits of service oriented architecture (SOA) in a distributed environment.
13 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced that it has signed a Memorandum of Agreement with Mitel Corporation (NYSE: MLT) to form a Multimedia Alliance to design, manufacture and distribute products which will enable cable TV operators to tap into the local access telephony market.
Unisys Corporation (NYSE:UIS) said today that it will release its third-quarter 2006 financial results on Wednesday, October 25, 2006 before the opening of trading on the New York Stock Exchange.
NASDAQ: TRCD) and Unisys Corporation today announced the signing of an agreement under which Unisys will resell Tricord's line of PowerFrame Enterprise servers for multivendor network integration solutions requiring local area network (LAN) consolidation.
Unisys Corporation (NYSE:UIS) announced today that the Unisys Product and Policy Management solution has achieved Level 2 Certification for IBM Insurance Application Architecture (IAA) which aligns the leading Unisys insurance components with IAA's, including its data, process and integration models.
has awarded Unisys Corporation (NYSE: UIS) a $2 million contract for the production and installation of target training equipment for the Saudi Arabian National Guard, Unisys said.