| Unisys sells gov’t business to SAIC for $1.2 billion [message #390840] |
Wed, 12 February 2020 13:46  |
hancock4
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Registered: December 2011
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excerpts
the Blue Bell PA*-based IT security and services company said it has
agreed to sell its U.S. government contracting unit to SAIC Corp.
of Reston, Va., for $1.2 billion. The cash will free Unisys to
build and buy better products for its private-sector and
foreign-focused Enterprise Solutions group — while also helping
sell more of its licensed Stealth security software, CloudForte
automation software, InteliServe managed services, and ClearPath
processing systems, directly and through SAIC, Peter Altabef,
Unisys’ CEO, told investors in a conference call.
Unisys employs about 500 at its Blue Bell headquarters,
including a research group consolidated there from its former
site in Malvern last August.
full article (includes links to related stories) at:
https://www.inquirer.com/news/unisys-saic-government-sold-20 200206.html
* suburban Philadelphia
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| Re: Unisys sells gov’t business to SAIC for $1.2 billion [message #390841 is a reply to message #390840] |
Wed, 12 February 2020 13:59  |
scott
Messages: 4239
Registered: February 2012
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hancock4@bbs.cpcn.com writes:
> excerpts
>
> the Blue Bell PA*-based IT security and services company said it has=20
> agreed to sell its U.S. government contracting unit to SAIC Corp.=20
> of Reston, Va., for $1.2 billion. The cash will free Unisys to=20
> build and buy better products for its private-sector and=20
> foreign-focused Enterprise Solutions group =E2=80=94 while also helping=20
> sell more of its licensed Stealth security software, CloudForte=20
> automation software, InteliServe managed services, and ClearPath=20
> processing systems, directly and through SAIC, Peter Altabef,=20
> Unisys=E2=80=99 CEO, told investors in a conference call.
>
> Unisys employs about 500 at its Blue Bell headquarters,=20
> including a research group consolidated there from its former=20
> site in Malvern last August.
>
> full article (includes links to related stories) at:
> https://www.inquirer.com/news/unisys-saic-government-sold-20 200206.html
>
> * suburban Philadelphia
Right after Burroughs bought Sperry in 1986, the combined company had
120,000 employees. By the time I left (vRIF) in 1997, they were down to 20,000.
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| Re: Re: Unisys sells gov’t business to SAIC for $1.2 billion [message #390911 is a reply to message #390902] |
Fri, 14 February 2020 20:46 |
scott
Messages: 4239
Registered: February 2012
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Senior Member |
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hancock4@bbs.cpcn.com writes:
> On Wednesday, February 12, 2020 at 1:59:12 PM UTC-5, Scott Lurndal wrote:
>
>> Right after Burroughs bought Sperry in 1986, the combined company had
>> 120,000 employees. By the time I left (vRIF) in 1997, they were down to 20,000.
>
> It's a shame the mechanical ingenuity of Burroughs has been
> lost.
> https://archive.org/details/the-saturday-evening-post-1956-0 2-11/page/n70/mode/1up
>
> I guess it is obsolete, a machine like that pictured probably cost
> a substantial amount of money even in the 1950s while a chip-
> based machine today might be $100. But the mechanical
> design of those bookkeeping machines was absolutely
> amazing.
They were still supporting most of those machines, and newer ones (L-series)
as well until the early 1980s. When Reagan changed the tax laws relating
to inventory, they got rid of all the spare parts for all the old machines
(84ish) which had been in inventory for decades.
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| Re: Re: Unisys sells gov’t business to SAIC for $1.2 billion [message #390931 is a reply to message #390912] |
Sat, 15 February 2020 15:44 |
hancock4
Messages: 6746
Registered: December 2011
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On Friday, February 14, 2020 at 8:47:20 PM UTC-5, Scott Lurndal wrote:
> hancock4@bbs.cpcn.com writes:
>> On Wednesday, February 12, 2020 at 1:59:12 PM UTC-5, Scott Lurndal wrote:
>>
>>> Right after Burroughs bought Sperry in 1986, the combined company had
>>> 120,000 employees. By the time I left (vRIF) in 1997, they were down to 20,000.
>>
>> It's a shame the mechanical ingenuity of Burroughs has been
>> lost.
>> https://archive.org/details/the-saturday-evening-post-1956-0 2-11/page/n70/mode/1up
>>
>> I guess it is obsolete, a machine like that pictured probably cost
>> a substantial amount of money even in the 1950s while a chip-
>> based machine today might be $100. But the mechanical
>> design of those bookkeeping machines was absolutely
>> amazing.
>>
>>
>
> L series: http://www.picklesnet.com/burroughs/gallery/bpgltc.htm
Interesting stuff.
Burroughs made a transportation ticketing machine, known
as the Ticketeer. It used an addressograph style
plate to stamp out tickets and track sales. Fixed
information included the origin and destination stations
price, and class of travel. Variable information included
the date and serial number. In the 1950s it was very popular
among railroads, bus lines, and airlines. In some places
it lasted until the 1980s.
In terms of accounting, I don't know how sophisticated
it was. Presumably it tracked the total sales dollars since
the plate included the ticket price. I don't know
how many (if any) counters the machines had.
see if this works for a sample ticket
http://www.waterlevel.com/images/index/2010120504CFBC9B59137 8
At a major terminal there'd be large racks holding the
plate strips for various destinations and ticket classes.
I don't think Burroughs did any further in the
transportation field. I know CDC made ticketing
and reservation systems that Amtrak used in its
early days.
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