Business Journal: Halo Acquires Unify

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(Sacramento, CA)
Tuesday, March 14, 2006

The Unify Corporation in Natomas is being acquired by Halo, a company in Connecticut, which has made 10 acquisitions in recent months, as it builds a lineup of enterprise software offerings. 

Unify was founded in 1980. It’s had offices in France, Australia, and the United Kingdom … with some impressive clients like Heineken, Citigroup, and G.E. Healthcare. But with all of that, it’s fairly small … revenues of about $11 million and 60 staff. Just recently it turned its first profit in two years, a benchmark moment on a tough turnaround. Unify is receiving $21 million, about 70 cents a share, if shareholders sign off this summer.