BLUE BELL, Pa., May 3 Unisys Corporation announced today that it has completed the previously announced sale of its health information management (HIM) business to Molina Healthcare, Inc. for $135 million in cash, subject to adjustment.
The HIM business, which provides system solutions and business process outsourcing services to state governments for administering Medicaid and other state health care entitlement programs, represented approximately $110 million in revenue for Unisys in 2009.
Unisys is a worldwide information technology company. We provide a portfolio of IT services, software, and technology that solves critical problems for clients. We specialize in helping clients secure their operations, increase the efficiency and utilization of their data centers, enhance support to their end users and constituents, and modernize their enterprise applications. To provide these services and solutions, we bring together offerings and capabilities in outsourcing services, systems integration and consulting services, infrastructure services, maintenance services, and high-end server technology. With approximately 24,000 employees, Unisys serves commercial organizations and government agencies throughout the world. For more information, visit www.unisys.com.
RELEASE NO.: 0503/8968
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SOURCE Unisys Corporation