Unisys(UIS)
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Unisys Announces Proposed $700 Million Private Offering of Senior Secured Notes; Net Proceeds to Refinance Existing Notes and Partially Fund U.S. Pension Plan
Prnewswire· 2025-06-11 13:20
Core Viewpoint - Unisys Corporation plans to offer $700 million in Senior Secured Notes and simultaneously initiate a cash tender offer for its existing $485 million Senior Secured Notes, aiming to improve its financial structure and address long-term liabilities [1][2]. Group 1: Offering Details - The offering of Senior Secured Notes will be conducted through a private offering to qualified institutional buyers and certain persons outside the U.S. under the Securities Act [1]. - The company intends to use the net proceeds from the offering, along with cash on hand, to finance the Tender Offer and related expenses, redeem remaining Existing Notes, fund pension deficits, and for general corporate purposes [2]. Group 2: Tender Offer and Consent Solicitation - The Tender Offer includes soliciting consents to amend the existing indenture of the Existing Notes, aiming to eliminate restrictive covenants and certain events of default [1]. - The Tender Offer and Consent Solicitation are contingent upon the successful completion of the Senior Secured Notes offering and other customary conditions [5]. Group 3: Security and Guarantees - The Senior Secured Notes will be guaranteed by material domestic subsidiaries of Unisys and secured by liens on substantially all assets of Unisys and its subsidiary guarantors [3]. - The guarantees will include a pledge of 100% of the capital stock of each first-tier domestic and foreign subsidiary [3]. Group 4: Regulatory Considerations - The Senior Secured Notes have not been registered under the Securities Act and cannot be offered or sold in the U.S. without registration or an applicable exemption [4].
Unisys Named to Newsweek's 2025 Global Top 100 Most Loved Workplaces®
Prnewswire· 2025-06-10 13:00
Group 1 - Unisys has been recognized as one of the Global Top 100 Most Loved Workplaces® by Newsweek for the second consecutive year, climbing 24 places to rank 74 in 2025 [1] - The recognition reflects Unisys's commitment to fostering a dynamic workplace culture that emphasizes exploration, experimentation, agility, and ownership among employees [1] - Employee satisfaction and engagement are highlighted as key factors, with survey data indicating high levels of respect, collaboration, support, and a sense of belonging within the company [2] Group 2 - The Most Loved Workplaces® initiative, backed by the Best Practices Institute, surveyed over 175 companies and more than 3,000 executives, revealing that increased employee sentiment correlates with higher productivity [3] - Findings show that 94% of respondents reported being more productive at companies they loved, and 95% indicated they stayed at such companies three to four times longer [3]
Unisys Innovation Program Announces the Winners of Its 16th Annual Competition
Prnewswire· 2025-06-05 16:24
Core Insights - The Unisys Innovation Program (UIP) recognized three teams for their innovative projects aimed at sustainable electric mobility, tumor diagnostics accuracy, and remote neurological monitoring [1][6]. Group 1: Unisys Innovation Program Overview - The UIP, established in 2009, connects engineering students with industry experts to develop technology-centric solutions [7]. - This year's program attracted over 890 project submissions from 12,760 registrants across eight themes addressing various business and technical challenges [2]. Group 2: Winning Projects - First place was awarded to RV College of Engineering for their project "Quantum Neural Network for Brain Tumor MRI Classification via Quantum Machine Learning," achieving over 98% accuracy in tumor diagnostics from lower-field (1.5T) scans, enabling cost-effective MRI analysis [3]. - Second place also went to RV College of Engineering for their project "Electronic Differential for Electric Vehicles," which integrates AI for real-time wheel speed control, enhancing traction, stability, and energy efficiency in electric vehicles [4]. - Third place was awarded to Ramaiah Institute of Technology for their "Earbud-Based Electroencephalogram (EEG) Monitoring System," a discreet wearable device for continuous brain monitoring using AI-based seizure detection [5]. Group 3: Leadership Insights - Unisys leadership emphasized the program's role in fostering creativity and technical excellence among India's engineering students, highlighting the importance of nurturing young talent [6][7].
Unisys to Participate in the East Coast IDEAS Conference
Prnewswire· 2025-05-30 16:00
Group 1 - Unisys will participate in the East Coast IDEAS Conference on June 11, 2025, with CEO Mike Thomson presenting at 8:35 a.m. EDT [1] - Investors can schedule meetings with Unisys executives through their conference representatives, and a live webcast of the presentation will be available on the Unisys investor website [2] - Unisys is a global technology solutions company that offers services in cloud, AI, digital workplace, logistics, and enterprise computing, aiming to help clients unlock their full potential [3]
Here's Why Unisys (UIS) is a Strong Value Stock
ZACKS· 2025-05-22 14:46
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Unisys Named a Leader in NelsonHall's 2025 Attack Surface Management NEAT Evaluation
Prnewswire· 2025-05-22 13:30
Core Insights - Unisys has been recognized as a leader in the 2025 Attack Surface Management (ASM) report by NelsonHall, receiving two leader designations in Overall and Integration in Wider Cyber Resiliency Strategy segments [1][2] - The company is also noted as a 'high achiever' in the Automated Attack Surface Management Services segment, highlighting its strong performance in threat exposure management [1] Company Strengths - Unisys's Continuous Threat Exposure Management (CTEM) framework and AI-driven asset labeling are key strengths that enable clients to evaluate their security posture and identify vulnerabilities [4] - A case study cited in the report indicates that clients have identified between 5,000 to 15,000 vulnerabilities, with 70% remediated within 30 days, showcasing the effectiveness of Unisys's solutions [4] Innovative Approaches - Unisys is the only vendor to incorporate quantum risk assessments, measuring organizations' cryptography levels against potential quantum attacks, demonstrating its innovative capabilities in the ASM space [3] - The company's secure-by-design approach, enhanced by AI-driven asset labeling and manual verification, facilitates faster and more accurate threat resolution [3]
Here's Why Unisys (UIS) Looks Ripe for Bottom Fishing
ZACKS· 2025-05-21 14:55
Shares of Unisys (UIS) have been struggling lately and have lost 8.7% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnings of ...
Unisys Named a Leader in NelsonHall's 2025 NEAT Evaluation for Cognitive & Self-Healing IT Infrastructure Management
Prnewswire· 2025-05-08 13:00
Core Insights - Unisys has been recognized as a leader in the 2025 Cognitive & Self-Healing IT Infrastructure Management report by NelsonHall for the fifth consecutive year, highlighting its strengths in AI, server-centric services, and cognitive service desk capabilities [1][2] - The report emphasizes Unisys's commitment to investing in AI capabilities, intellectual property, talent, and reskilling to enhance its cognitive and self-healing IT infrastructure management services [1] Company Strengths - Unisys is focused on delivering tangible results for clients throughout their IT management journey, with an emphasis on innovative cloud offerings that support the transition to AI capabilities and intelligent operations [3][4] - The company provides AI-enabled consulting and advisory services to assist clients in becoming AI-ready enterprises, including a framework for developing and operating AI systems tailored to specific industries [4][7] - Unisys has extensive intellectual property and accelerators that facilitate automation in AI operations, IT operations, hybrid cloud, and self-healing automation [7] - The company has a strong focus on cybersecurity capabilities, including zero trust readiness assessments and threat analysis, to enhance the security of cloud operations [7]
Unisys Q1 2025: High-Margin Fragility, Structural Headwinds - Wait For Execution To Catch Up
Seeking Alpha· 2025-05-07 13:29
Group 1 - Unisys reported Q1 2025 revenue of $432.1 million, reflecting an 11.4% year-over-year decline [1] - The revenue drop was primarily due to delays in software license renewals in the Enterprise Computing Solutions (ECS) segment [1] - Reduced project activity was noted within the Cloud, Applications & Infrastructure (CA&I) and Digital Workplace Solutions (DWS) segments [1]
Why Unisys (UIS) is a Top Value Stock for the Long-Term
ZACKS· 2025-05-06 14:45
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...