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Stock impact report

SAIC Completes Acquisition of Unisys Federal

Science Applications International Corporation (SAIC) 
Last science applications international corporation earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.saic.com
Company Research Source: Business Wire
SAIC welcomes approximately 2,000 new employees creating a leading digital transformation provider to the U.S. government. RESTON, Va.--(BUSINESS WIRE)--Science Applications International Corporation (NYSE: SAIC) completed its acquisition of Unisys Federal on March 13, 2020 for $1.2 billion in cash. First announced on Feb. 6, this highly strategic and value-creating transaction further differentiates SAIC in the government services market as a leader at the forefront of IT modernization.Unisys Federal, an operating unit of Unisys (NYSE: UIS), is a top provider of infrastructure modernization, cloud migration, managed services, and enterprise IT-as-a-service through scalable and repeatable solutions serving U.S. federal civilian agencies and the Department of Defense. Together, SAIC and Unisys Federal will deliver digital transformation to the U.S. government through market-leading, technology-enabled, intellectual property-based solutions.“This is an exciting time for our company a Show less Read more
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