View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 28, 1997updated 05 Sep 2016 12:10pm

UNISYS THWARTS PLANS FOR BREAK-UP

By CBR Staff Writer

It never did seem like a spectacularly good idea when Burroughs Corp and Sperry Corp merged in 1986 to form Unisys Corp, promising never-to-be-seen turnover of $60bn. But for the second year running a motion by New York Investment firm Greenway Partners LP to split the firm into three (CI No 3,112) has been defeated. Shareholders voted approximately 60% against the motion, which aimed to split Unisys into hardware, software and services businesses. Chairman and chief executive James Unruh told shareholders the existing three-businesses/one company structure was working, and the company has made clear and substantial progress.

á

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU