JOIN USCompuware is the world's leading application performance management software company, and Gomez is the leader in Web application experience management. The $295 million cash acquisition is expected to close in November of 2009.
“Together, Compuware and Gomez provide the industry’s only unified Application Performance Management solution, spanning the Enterprise and Internet,” said Compuware President and Chief Operating Officer Bob Paul. “For business and IT executives who are moving more business-critical applications onto the Internet, Compuware can now offer unified visibility, isolation and resolution of application performance problems from the data center to the customer. Competitive offerings only cover isolated portions of the Enterprise-Internet application delivery chain.”
Headquartered in Lexington, Massachusetts, Gomez employs 272 people around the world. Substantially all of these employees, including the leadership team, are expected to remain with Compuware after the close of the transaction.
“This agreement marks a fundamental breakthrough in how IT and business leaders can manage the performance of all the applications that drive their businesses,” said Jaime Ellertson, Chief Executive Officer and President, Gomez. “The complementary nature of our products and our already-existing product integration will allow Compuware and Gomez to rapidly deliver dramatically extended value to our mutual customers.”
“Compuware’s financial strength, its R&D horsepower, and its geographic reach will benefit both our employees and our customers,” said Richard Brekka, Chairman of the Board, Gomez.
With the addition of Gomez—which delivers its offering through a Software as a Service (SaaS) model—to Compuware’s SaaS revenues, Compuware becomes the world’s leading SaaS infrastructure management provider. SaaS continues to become a more desirable way to acquire software due to a lower cost of ownership and faster, easier adoption and maintenance.