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Two tech companies with Philly ties just joined forces to make it easier for college students to get financial aid

Joseph N. DiStefano, The Philadelphia Inquirer on

Published in Business News

Who are Boomi and Unisys?

Boomi, which employs around 1,800 worldwide, including 200 at its new headquarters on Conshohocken's Fayette Street, claims more then 20,000 users.

The company, founded in 2000 and once based in rented space over a Conshohocken pizza shop, grew rapidly during the years it was owned by computer company Dell USA. Boomi was purchased by private-equity investors Francisco Partners and TPG in 2021 and has since added 500 staff in the U.S., India, Canada, and other nations. Sales are projected to total around $500 million this year.

Unisys, which traces its roots to early manufacturers of typewriters, mainframe computers, and other business machines, employs around 18,000 people worldwide. That includes 500 employees in Blue Bell on a campus that formerly housed its computer manufacturing and maintenance operations but is now mostly occupied by other companies.

While Unisys' revenues have declined recently to around $2 billion last year from $3 billion 10 years ago, CEO Peter Altabef said in a recent interview that Unisys has repositioned itself as a growth company in partnerships with large software providers and specialized software integrators such as Boomi.

 

Unisys remains "an engineering company at our roots," Thomson said. "The cultural mindset of this company is still in manufacturing. What we do is very solution-specific."

"We continue to reinvent ourselves," added Dwayne Allen, Unisys' chief technology officer.

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©2024 The Philadelphia Inquirer, LLC. Visit at inquirer.com. Distributed by Tribune Content Agency, LLC.

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