Who owns compuware
Other services division operations included analyzing business problems and using computer techniques to overcome them; providing conversion services to organizations switching from one type of computer environment to another; systems planning, a service involved in identifying business objectives and information requirements to make recommendations for hardware and software; and consulting.
Although revenues earned by the services division typically carried lower profit margins than did revenues earned by the products division, Compuware stated that it remained committed to providing services to its customers. Despite its growth and expansion, Compuware's executives insisted that the company's basic mission remained unchanged: to help people do things with computers. They acknowledged, however, that the processing power of computers had changed vastly during the company's 20 years in business.
One significant change within the industry was the expanding presence of PCs. Some industry analysts had criticized Compuware's emphasis on mainframe computer technology.
In response, Compuware noted that the 36, mainframe computers in operation were running "mission-critical systems" applications that were not suited to PC technology.
These included credit card authorization services, airline reservations, and online banking. According to Compuware's data, only 13 percent of mainframe computer operators used software to diagnose faults. Even less used software for debugging, file and data management, and automated testing. Compuware's own analysts felt a sufficient base existed for expansion in the mainframe market. The EcoSystems product line included programs designed to be used in PC networks.
The PC market differed significantly from the mainframe market because of the wide variety of computer hardware manufacturers and operating systems employed. Two new products were added to the EcoSystem line during the second quarter of to help network clients schedule batch jobs and better manage database environments. In early Compuware acquired Uniface Holding B. Uniface, based in Amsterdam, Netherlands, was a supplier of client-server network application and development software.
According to Crain's Detroit Business, industry watchers expected the acquisition to provide Compuware with a strong presence in the PC market at a time when its mainframe software licensing was still growing at a rate of about 30 percent. The acquisition also was expected to give Uniface a greater presence in the North American market. Two additional acquisitions in were Computer People Unlimited, Inc.
Compuware also purchased several product lines from other companies, including Advanced Programming Techniques Ltd. An indication of Compuware founder Peter Karmanos's growing wealth was his purchase of the Hartford Whalers, a National Hockey League team, which he later moved to North Carolina and renamed the Hurricanes. In the fall of Compuware acquired CoroNet Systems of Los Altos, California, a maker of networked applications management software, and renamed the company's product EcoNet.
Direct Technology made software testing products; the others were computer service firms. Compuware was increasingly offering products and services that addressed the "Y2K" computer software problem, and revenues from this business segment were growing rapidly as the magnitude of the problem became known. Compuware's overall growth had slowed, however, due in part to the lackluster showing of Uniface, and the company reorganized its structure during the year.
The following March the company acquired UnderWare, Inc. Additional Y2K products also were being introduced by the company during this period. The company had been growing by leaps and bounds, but was still in the same Farmington Hills, Michigan, headquarters it had occupied for more than a decade.
Karmanos was seeking a new home, and the nearby city of Detroit was bending over backward to lure him to its underused downtown. In early an agreement was reached for the company to move there. To lure Compuware downtown, the city had agreed to purchase software and services from the company and provide it with huge financial incentives, including cutting the city's business tax. The company's acquisitions continued in the summer of with the purchase of Data Processing Resources Corp. Compuware's profits had been growing faster than its revenues, leading Business Week magazine to rank it number six on its list of 50 top-performing companies.
Beginning its second quarter-century in business, Compuware could boast of sales to most of the Fortune companies and a 97 percent customer renewal rate. The company was making acquisitions at a rapid clip both to broaden its product line and to boost its presence in the service business. The Y2K problem was providing the company with a temporary surge in income, but it seemed certain that Compuware would be around long after the dust had settled on that particular issue.
The 21st century brought new challenges to Compuware, above and beyond the soon-forgotten Y2K scenario. In , the company embarked on a costly lawsuit against IBM, claiming that IBM had stolen a proprietary software source code. Such large legal fees, in fact, contributed to Compuserve's restructuring initiative, beginning in late The company's work force was cut by 1, View all results.
Combination brings mainframe to the mainstream as part of a modern IT infrastructure with a full-service solution integrating DevOps. Financial terms of the transaction were not disclosed. This transaction brings together two companies focused on consistently delivering innovative, best-of-breed products to meet the needs of enterprise organizations worldwide.
The combined company will help customers better manage their mainframe operations, cybersecurity, application development, data, and storage as part of their enterprise DevOps strategies, as well as provide seamless integration of the mainframe platform development and management processes into the enterprise technology stack. Without a doubt, a combined BMC and Compuware is the best, brightest, and most collaborative partner for a new generation of mainframe stewards.
BMC continues to accelerate its focus on investing in innovation and disruptive technologies. A Houston information technology company said it is acquiring Compuware Corp. BMC Software Inc. The companies did not disclose the financial terms of the transaction, but said the deal should be completed in the coming months subject to customary closing conditions.
BMC and Compuware executives were not available Monday for interviews.
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