Global IT solution provider Unisys Thursday unveiled the acquisition of Unify Square, a provider of experience management technology for secure collaboration and communications platforms.
With the acquisition, valued at US$152.5 million, Unisys will get a big boost in its enterprise-focused end-user business, said Leon Gilbert, senior vice president and general manager of the Blue Bell, Pa.-based company’s Digital Workplace Services business unit.
Unisys’ Digital Workplace Services business unit is a US$600 million business focused on the enterprise collaboration market and provides services to help customers roll out such platforms as Zoom and Microsoft Teams or migrate between platforms such as from Skype to Teams, Gilbert told CRN.
Friday, 4 June 2021, 10:35 am
Unisys to Acquire Unify Square for $152.5
Million, Creating the Most Advanced and Flexible
Enterprise-wide Solution to Optimize the Collaboration
Experience
Unisys
Corporation (NYSE: UIS), a global IT solutions company,
today announced that it has entered into an agreement to
acquire Unify Square, the leading experience management
provider for secure collaboration and communications
platforms, for $152.5 million on a cash-free, debt-free
basis. Unisys is funding the transaction with cash on
hand.
The transaction, which is expected to close
today, will enable Unisys to leverage Unify Square’s
Unified Communications as a Service (UCaaS) offerings to
help advance its experience-focused digital workplace
Press Release – Unisys
Unisys Corporation (NYSE: UIS), a global IT solutions company, today announced that it has entered into an agreement to acquire Unify Square, the leading experience management provider for secure collaboration and communications platforms, for $152.5 …
Unisys to Acquire Unify Square for $152.5 Million, Creating the Most Advanced and Flexible Enterprise-wide Solution to Optimize the Collaboration Experience
Unisys Corporation (NYSE: UIS), a global IT solutions company, today announced that it has entered into an agreement to acquire Unify Square, the leading experience management provider for secure collaboration and communications platforms, for $152.5 million on a cash-free, debt-free basis. Unisys is funding the transaction with cash on hand.