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Compuware

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Compuware Corporation
Company typePublic
Nasdaq: CPWR
IndustryInformation technology
Founded1973; 51 years ago (1973)
FounderPeter Karmanos, Jr.
Thomas Thewes
Allen B. Cutting
Defunct2020 (2020)
FateAcquired by BMC Software
Headquarters
Detroit, Michigan
,
United States
ProductsEnterprise software
ServicesIT services
Websitebmc.com/it-solutions/brands/compuware.html

Compuware Corporation was an American software company based in Detroit.[1] The company offered products aimed at the information technology (IT) departments of large businesses, and its services also included testing, development, automation and performance management software for programs running on mainframe computer systems.

History

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Original Compuware logo

In 1973, Peter Karmanos Jr., Thomas Thewes, and Allen B. Cutting established Compuware Corporation to provide clients with professional technical services. By 1978, Compuware opened its first remote office to service the Washington, D.C. and Baltimore area. In 1992, the company completed its initial public offering (IPO) and traded on the NASDAQ under the symbol CPWR. At the end of 1998, Compuware surpassed the $1 billion revenue mark.

In 2003, Compuware moved their headquarters from Farmington Hills, Michigan to a new headquarters building in downtown Detroit.[2][3] In November 2014, the company's headquarters building was sold to a joint venture of Dan Gilbert's real estate group Bedrock Real Estate and Meridian Health for $142 million and renamed One Campus Martius. Later in the year in December, Compuware was acquired by private equity firm Thoma Bravo for approximately $2.5 billion, becoming a privately held company.[4] In the years after that the company experienced a period of growth and reinvention of mainframe software.[5]

In March 2020, Compuware was acquired by BMC Software for $2 billion.[6][7][8] Compuware ceased to exist as a company, but all of its products remain available under the name BMC Automated Mainframe Intelligence (BMC AMI).[9] In October 2022, it was announced that BMC's Detroit office will return to the northwest suburbs of Detroit, moving from One Campus Martius downtown to the Southfield Town Center in nearby Southfield.[10][11]

Operations

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Integrations and Partnerships

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Since 2014, Compuware (later BMC Compuware) has established multiple integrations and partnerships.

Compuware Acquisitions

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Compuware made the following acquisitions after going private in 2014, through its acquisition by BMC in 2020:

  • ISPW in January 2016[12]
  • Itgrations in October 2016[13]
  • Standard ware in December 2016[14]
  • MVS Solutions in January 2017[15]
  • XATester in July 2018[16]
  • INNOVATION Data Processing in January 2020[17]

References

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  1. ^ "Compuware World Headquarters". Emporis. Archived from the original on October 5, 2012. Retrieved 12 March 2013.{{cite web}}: CS1 maint: unfit URL (link)
  2. ^ Laitner, Bill (2003-12-18). "Oakland County is unfazed as jobs move to Detroit". Detroit Free Press. Gannett. pp. 6B.
  3. ^ "Contact Us". Compuware. Archived from the original on 2000-08-15. Retrieved 2022-04-13.
  4. ^ "Thoma Bravo Completes Take-Private Acquisition of Compuware Corporation in $2.4b Deal". Thoma Bravo. Archived from the original on 2014-12-30. Retrieved 2014-12-15.
  5. ^ Reindl, J. C. "Compuware reinvents itself after midlife crisis". Detroit Free Press. Retrieved 2021-06-22.
  6. ^ Reindl, J. C. "Detroit-based Compuware finalizes latest buyout, gets new name". Detroit Free Press. Retrieved 2021-06-22.
  7. ^ Clabby, Joe (2020-03-05). "Why BMC+Compuware Is a Textbook Acquisition Case". eWEEK. Retrieved 2021-06-22.
  8. ^ "BMC Software adquiere Compuware". DealerWorld (in Spanish). 2020-03-03. Retrieved 2021-06-22.
  9. ^ "BMC Automated Mainframe Intelligence - BMC Software". www.bmc.com. Retrieved 2023-04-06.
  10. ^ Reindl, J.C. (2022-10-26). "Compuware could leave downtown Detroit for Southfield". Detroit Free Press. Gannett. Retrieved 2022-10-30.
  11. ^ Reindl, J.C. (2022-10-27). "Mayor: Compuware is definitely coming to Southfield". Detroit Free Press. Gannett. Retrieved 2022-10-30.
  12. ^ ISPW in January 2016
  13. ^ Itgrations in October 2016
  14. ^ Standardware in December 2016
  15. ^ MVS Solutions in January 2017
  16. ^ "BMC Compuware - BMC Software".
  17. ^ "BMC Compuware - BMC Software".
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Wikimedia Commons has media related to Compuware.
  • Official website
    • Historical business data for Compuware Corp:
    • SEC filings
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