Compuware To Acquire Gomez

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October 8, 2009 (FinancialWire) -- Compuware Corp. (NASDAQ: CPWR) and Gomez announced the signing of a definitive agreement for Compuware to acquire privately-held Gomez, Inc. Compuware 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.

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.

With the addition of Gomez -- which delivers its offering through a Software as a Service 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.

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Related terms: acquisition, adoption, massachusetts, nasdaq, software, web