Unisys Agrees to Sell Media Business to Atex
BLUE BELL, Pa., November 27, 2006 – Unisys Corp. (NYSE: UIS) today announced that it has reached agreement to sell its media business to Atex Group Limited, a leading provider of software solutions and services to the global media industry based in the U.K. The sale of the business is part of previously-announced plans by Unisys to divest businesses that are not central to its core strategy.
Unisys expects the transaction to close in the first quarter of 2007, subject to meeting specified closing conditions that include compliance in Europe with local country social legislation and works council consultations. The purchase price was not disclosed.
Unisys media business provides IT software solutions to automate news production, wire service management and digital asset management. These solutions are used by leading publishing organizations around the world, including more than 225 newspapers in 15 countries. Unisys media business has more than 150 employees globally.
About Atex Group Limited
Atex has been a leading provider of software solutions and services to the global media industry for over 30 years. The company has over $300 million USD of software installed worldwide, and supports in excess of 500 publishers and thousands of titles in more than 30 countries.
Unisys is a worldwide technology services and solutions company. Our consultants apply Unisys expertise in consulting, systems integration, outsourcing, infrastructure, and server technology to help our clients achieve secure business operations. We build more secure organizations by creating visibility into clients’ business operations. Leveraging the Unisys 3D Visible Enterprise approach, we make visible the impact of their decisions – ahead of investments, opportunities and risks. For more information, visit www.unisys.com.
RELEASE NO.: 1106/8733
Unisys is a registered trademark of Unisys Corporation. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.
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- Gail Ferrari Marold
- Unisys Corporation
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