Unisys Selling Health Info Business For $135 million

Unisys Corporation (NYSE: UIS) announced that the company has reached an agreement to sell its health information management business to Molina Healthcare, Inc. (NYSE: MOH).

Unisys' health information management business provides design, development, implementation, and business process outsourcing solutions to state governments for their Medicaid Management Information Systems.

The unit's annual revenue is about $110 million and will be sold to Molina Healthcare for approximately $135 million in cash.