Unisys Stock Price, News & Analysis

Unisys Corporation (NYSE: UIS) announced an expansion of its golf sponsorship, adding three new players to its PGA TOUR roster, joining Ryan Palmer, a four-time winner. The new players are Will Zalatoris, currently ranked 29th globally and a contender at the U.S. Open; Sahith Theegala, a notable NCAA award winner; and Adam Schenk, with 20 Top-25 finishes in four seasons. Unisys aims to enhance its brand visibility and create positive associations with these skilled athletes as part of its strategic marketing efforts.

Unisys Corporation (NYSE: UIS) announced the appointment of Troy K. Richardson to its board of directors, effective July 1, 2021. Richardson, currently COO of PTC Inc., brings over 30 years of IT industry experience, including leadership roles at DXC Technology, Oracle, and SAP. He expressed enthusiasm for joining Unisys, emphasizing his intention to leverage his expertise in digital workplace services and cloud computing. Unisys's Chair and CEO, Peter Altabef, welcomed Richardson, noting his significant domain experience.

Unisys Corporation (NYSE: UIS) has announced its acquisition of Unify Square for $152.5 million, a move funded through existing cash. This acquisition, expected to close shortly, aims to enhance Unisys’ digital workplace services by integrating Unify Square's Unified Communications as a Service (UCaaS) solutions. The deal is projected to improve revenue growth and profitability while providing comprehensive governance and management solutions for secure, seamless collaboration. Unisys anticipates an accretive effect on adjusted EBITDA margin and free cash flow by 2023.

Unisys (NYSE: UIS) announced a six-year partnership with an international airline consortium to enhance Baggage Reconciliation Systems at seven major Australian airports. This contract, signed in Q1 2021, includes advanced AI-driven data security measures to protect passenger data. The system facilitates compliance with IATA's baggage tracking requirements and supports the secure handling of approximately 14 million bags annually. Unisys aims to provide a scalable solution that adapts to fluctuating travel demand, ensuring both safety and efficiency for travelers amidst the ongoing impact of COVID-19.

Unisys Corporation (NYSE: UIS) announced the appointment of Teresa Poggenpohl as Chief Marketing Officer and Senior Vice President, effective May 17, 2021. Formerly with Accenture, Poggenpohl brings extensive IT services experience, overseeing significant revenue growth in North America. She aims to enhance Unisys's marketing strategy and brand positioning. Poggenpohl's accolades include multiple recognitions as a leading marketer, contributing to her reputation as a brand leader. Unisys focuses on delivering IT solutions integrated with security for diverse markets.

Unisys Corporation (NYSE: UIS) has been recognized as a leader in the NelsonHall NEAT report for Cognitive and Self-Healing IT Infrastructure Management Services. The April 2021 report highlights Unisys's commitment to leveraging artificial intelligence and automation for enhancing IT infrastructure. The company's consulting-led approach and investment in innovation, such as expanding cloud experience centers, were specifically noted. The report emphasizes Unisys's focus on improving business outcomes through AI-driven solutions, including their InteliServe™️ platform for enhanced workplace experiences.