Unisys Sells Check and Cash Automation Equipment Business

Unisys Corporation has sold its check and cash automation equipment and related U.S. maintenance, printer and direct supply business to a new company formed by Marlin Equity Partners, a California-based private investment firm. The new company has been named Burroughs Payment Systems, Inc. The sale includes the manufacturing and office facility located in Plymouth, Mich. Terms of the transaction were not disclosed.