Atex Buys Unisys Media

Nov 28, 2006


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Atex Group Limited (Atex), backed by the Norwegian investment company Kistefos AS, a provider of software solutions and services to the global media industry, has acquired the business assets of Unisys Media, a part of Unisys Corporation. Unisys Media provides news production, wire service management, and digital asset management solutions to publishing organizations around the world. Its installed base includes more than 225 newspapers in 15 countries. Atex has raised in excess of $50 million U.S. dollars to fund the Unisys Media acquisition. Together with all of the Unisys Media employees set to transfer to Atex, the company will employ nearly 500 people. Unisys had previously announced plans to divest businesses not central to its core strategy.

(www.unisys.com; www.atex.com)