In 1986, after the success of a second hostile takeover bid engineered by Burroughs' CEO and former U.S. Secretary of the Treasury, Michael Blumenthal, Sperry Corporation merged with Burroughs Corporation to become Unisys.
Certain internal divisions of Sperry were sold off after the merger, such as Sperry New Holland (1986, to Ford Motor Company,[REF] who in 1991 sold the Ford-New Holland line to Fiat[REF]) and Sperry Marine (To Tenneco, in 1987[REF], and is currently part of Northrop Grumman[REF]).