By Simon Duddy
Productivity software company Compuware has signed an agreement to acquire Changepoint corporation for $100 million. This is significant as it will bring Changepoint’s industry leading IT governance solutions under the Compuware umbrella.
Productivity software company Compuware has signed an agreement to acquire Changepoint corporation for $100 million. Approximately 190 employees are expected to join Compuware and form a new business unit as a result of this transaction.
“Chief Information Officers (CIOs) need to be able to clearly measure, allocate and demonstrate the value they bring to the business,” says Peter Karmanos, Jr, Compuware chairman and CEO. “Compuware will now be able to offer CIOs unmatched insight and visibility into their people, projects, resources and applications. Our award-winning solutions and experience in development, quality assurance and performance management - as well as our understanding of both distributed and legacy systems - will make Compuware’s governance offering the broadest available today.”
“Companies invest great sums managing business-driving applications,” said Theresa Lanowitz, research director, Gartner Inc. “IT governance is a proactive way for CIOs to engage with the business, providing IT executives with the visibility they need to ensure that these technology investments achieve tangible business results. Clearly, CIOs could greatly benefit from an IT governance solution that helps them enhance the effectiveness of their organisation across the application life-cycle.”
Compuware claims that the new deal will enhance the company’s offering in this area enabling CIOs to more easily and accurately quantify and measure the business value of technology investments across distributed and legacy architectures through a straightforward “dashboard” approach. It also claims that it will bring IT governance to the development phase of the application life-cycle, where most IT budgets are spent and 80% of defects are introduced.
“Compuware’s geographic reach, strong sales infrastructure and brand recognition will allow us to more effectively meet the rising demand for IT governance solutions,” said Gerry Smith, Changepoint President and CEO. “We’re excited about the opportunity this presents for bringing our proven technology into broader markets.”
The most recent version of the software, Changepoint 8.0, runs on Windows clients with Oracle or Microsoft databases on Windows 2000 or 2003 servers. The product starts at around $300 for a basic user, and modular pricing options go up to $1,500 for a full-function version.