Unisys is an American global IT company founded in 1986, having a history with firearms, typewriters, and calculation machines. The company deals in IT consulting, software, and outsourcing services. Unisys headquarter is based in Blue Bell, Pennsylvania. As an IT company, Unisys specializes in system integration, high-end server technology, cloud management software, maintenance, and support as well as cybersecurity. Unisys is a result of the merger of three different companies, E.Remington, Sperry Gyroscope Company, and the American Airthmometer Company, all three specializing in distinct domains.
The Long Back History of Unisys
The history of Unisys dates back to 1816 when a company named E. Remington was founded by Eliphalet Remington. The company was a manufacturer of firearms. But later, when Remington’s three sons joined the company, they thought of expanding its operations. In 1873, the company tried their hands-on building typewriters and introduced the first commercially viable typewriter, named the Remington Model 1, having the QWERTY layout. Later the company built a new typewriter model in which the typist could use the Shift key to make a letter capital.
During the same time, the American Airthmometer Company (Later renamed to Burroughs Adding Machine) had also got the patent for an adding machine that would only record the final result of a calculation. On the other hand, the Sperry Gyroscope Company was in the business of manufacturing navigation equipment for ships and aircraft.
By 1925 Burroughs had introduced a calculating machine that can also subtract and a billing machine that could perform direct multiplication. The Remington’s, on the other hand, had already introduced a noise-less typewriter as well as America’s first electrical typewriter.
In 1927, the Remington Typewriter Company partnered with the Rand Kardex Corporation, and the merger resulted in the Remington Rand company. This partnership led to the acquisition of many other companies, including the Dalton Adding Machine Company, the Powers Accounting Machine Company, the Baker-Vawter Company, etc., making their way into the computation world. With the acquisition of Eckert-Mauchly Computer Corporation, and the founding of the Engineering Research Associates (ERA), the journey of Remington Rand started as one of the biggest computer manufacturers in the US. In June 1951, Remington Rand manufactured its first computer named Univac I (Universal Automatic Computer), first used by the US census bureau.
In 1955, the Remington Rand and Sperry Gyroscope had a merger, forming the company Sperry Rand. The company in a decade delivered over 100 computers to the military and for commercial use. Some of these computers were also used for weather forecasting by the US government. The Remington Rand in 1955 also introduced the Univac 1103, which was the first computer to use RAM. Finally, in 1986, Burroughs also merged with Sperry Rand, and hence Unisys was formed.
Journey as Unisys
Unisys was a result of a $4.8 billion worth acquisition of the Sperry Rand by Burroughs, one of the largest of its time. The name, Unisys, was selected through a competition with 31000 entries. Unisys is a combination of words united, information and systems. With this merger, the company became the second-biggest computer manufacturing company, having over 120000 employees working for it.
Though the company continued to deliver products to the US government, it saw a steep decline in the number of its customer base for commercial computers. The company was facing a lot of competition and had to cut its employees count too. In fact, the company had replaced three CEOs in seven years.
From Manufacturing to Service Providers
Later, the company decided to shift the business from manufacturing computers to providing IT services and high-end servers. Along with that, the company also started dealing with outsourcing its services, systems integration, and consulting services, etc. In the year 2000, Unisys introduced the UNISYS ES7000 servers.
Along with computers, Unisys was also holding ownership of a medical and healthcare insurance wing, i.e., a company named Medicare. Unisys sold the company in 2010, for a sum of $135 million.
Unisys has always been a big player in the field of IT, and its clients include the various departments of the US government and major names like Dell, Lloyd Banks, Nextel, Swift, and Telefonica, etc. Currently, Peter Altabef is serving Unisys as the CEO as well as the President. Around 22,000 employees are working for the company, and as of 2018, Unisys has $2.83 billion in total annual revenue.
Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.