Unisys has entered into an agreement to acquire Unify Square and funding the sale with cash on hand, writes Yahoo Finance. Unify Square is the top experience management provider for secure collaboration and communications platforms.

“The acquisition of Unify Square will enhance Unisys’ digital workplace services business to drive increased revenue growth and improved profitability and cash flow,” said Peter Altabef, chair and CEO of Unisys.

“The UCaaS market, in which Unify Square operates, is expected to be among the fastest-growing segments of the digital workplace services market. These capabilities will enable Unisys to deliver higher-value solutions to its clients that enhance their productivity and employee satisfaction,” explains Altabef.

This sale will integrate Unisys’ and Unify Square’s digital workplace services capabilities to ensure seamless collaboration with remarkable employee experiences and nimble ways of working that empower innovation at anytime, anywhere, and on any device.

To read more about Unisys’ acquisition, check out Yahoo Finance.