Compuware acquires Gomez Inc for $295 million
08 Oct 2009
Compuware Corporation, the software company that develops software for programs running on mainframe computers and distributed client-server systems, has agreed to acquire Web-software developer Gomez Inc for $295 million in cash to become the world's leading software service infrastructure management provider.
Detroit -based Compuware Corporation, which had sales of $1.1 billion for fiscal 2009, with more than 23,000 customers around the world, including 70 per cent are of Fortune 500 companies and 95 of the Fortune 100 companies, said yesterday that it has signed a definitive agreement to acquire privately-held Gomez, Inc. for $295 million cash.
Headquartered in Massachusetts, privately held Gomez with revenue of $47 million in fiscal 2008, is the leader in Web application experience management, providing an on-demand platform that organizations use to optimize the performance, availability, and quality of their Web and mobile applications.
It has over 2,500 customers worldwide, ranging from small companies to large enterprises, including 12 of the top 20 most visited US Web sites. Consumers use Gomez to increase revenue, build brand loyalty, and decrease costs.
The Gomez platform identifies business-impacting issues by testing and measuring Web applications from the "outside-in" - across all users, browsers, devices, and geographical locations - using a global network of over 100,000 locations. The self-service Gomez platform integrates Web load testing, Web performance management, cross-browser testing, and Web performance business analysis.
"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.