Unisys, an IT solution provider based in Blue Bell, Pennsylvania, announced its $87.3 million acquisition of Herndon-based cloud solutions company CompuGain on Tuesday. An Amazon Web Services (AWS) Advanced Consulting Partner, CompuGain will expand Unisys’ already robust cloud offerings.
“Acquiring CompuGain will enable Unisys to enhance the delivery of rapid and agile cloud migration, application modernization and data value realization to our clients,” Peter Altabef, chair and CEO of Unisys, said in a statement. “CompuGain has a strong presence in financial services, which will add to our established position in that industry. It will also create cross-selling opportunities with both Unisys clients and CompuGain clients across multiple industries.”
Considering CompuGain generated $58 million in revenue between September of 2020 and 2021 (a 12 percent increase year-over-year), Unisys expects the acquisition to bring similar if not greater growth in 2022.
Having partnered with more than 35 Fortune 1000 companies, CompuGain is a leading provider of cloud and infrastructure solutions. The company specializes in modern application delivery, data services, digital transformation and talent solutions. Its team of more than 400 engineers, cloud solution architects and developers have delivered over 1,500 products to date.
Unisys is a IT solutions provider to a global market of companies and government departments. It’s offerings include digital workplace, cloud and infrastructure, enterprise computing, business process and cybersecurity solutions.
Earlier this year, Unisys was recognized in a Provider Lens report by technology research and advisory firm Information Services Group (ISG) for its cloud and infrastructure solutions.
“CompuGain’s innovative solutions, talent and agility, combined with Unisys’ cloud expertise and global reach, will allow us to deliver desired business outcomes at a much larger scale,” Debasish Hota, CompuGain founder and CEO, said in a statement. “The combination of CompuGain and Unisys will unlock tremendous value for clients and be a force multiplier in the cloud and hybrid cloud market.”