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UNited States : Compuware to Buy Privately Held Gomez for $295 Million.


Software company Compuware (Compuware Corporation, Detroit, MI, www.compuware.com) A leading provider of software and consulting services for building, testing and optimizing applications. Founded in 1973, it serves more than 90 percent of the world's Fortune 100 companies.  Corp. agreed to pay $295 million to acquire privately held Gomez Gomez or Gómez is a common Spanish surname. The Portuguese spelling is Gomes, while in Catalan it is rendered as Gomis. People
  • Alfonso Gomez (1980–), Mexican-American professional boxer
  • Andrés Gómez (1960–), Ecuadorian tennis player
 Inc., whose software is used to test Web sites for companies such as Yahoo Inc. and Best Buy Co.

Gomez, which is based in Lexington Lexington.

1 City (1990 pop. 225,366), seat of Fayette co., N central Ky., in the heart of the bluegrass region; inc. 1832, made coextensive with Fayette co. 1974.
, Mass.,and has about 272 employees, makes software used for Web site testing and management. The company, founded in 1997, had filed for an initial public offering last year.

Compuware President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 Bob Paul said the merger would help serve business and information technology companies that are moving more business-critical applications onto the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
. The transaction is expected to close in November.

Gomez's annual revenue jumped 44% to $47 million last year, as the company added 400 new enterprise customers and partners, putting its total customer count over 2,500.

Compuware said substantially all Gomez employees were expected to remain with Compuware after the transaction closes.

Copyright : Euclid Infotech Pvt. Ltd.

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Publication:TendersInfo
Article Type:Company overview
Date:Oct 9, 2009
Words:161
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