Unisys is born
Forming what was at the time the world's second largest computer company, Burroughs Corp. acquires Sperry for $4.8 billion. From Wikipedia: "Unisys has a deep heritage in the technology industry. The company traces its roots back to the founding of American Arithmometer Company (later Burroughs Corporation) in 1886 and the Sperry Gyroscope Company in 1910. Unisys predecessor companies also include the Eckert–Mauchly Computer Corporation, which invented the world's first large-scale digital computer, the ENIAC, at the University of Pennsylvania."