Breaking News—Compuware to Acquire Gomez

Compuware Corporation and Gomez today announced the signing of a definitive agreement for Compuware to acquire privately-held Gomez, Inc. Compuware is an application performance management software company, and Gomez is a vendor in web application experience management. The $295 million cash acquisition is expected to close in November of 2009.

Headquartered in Lexington, Mass., 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.

"Together, Compuware and Gomez provide the industry's only unified Application Performance Management solution, spanning the Enterprise and Internet," states Bob Paul, Compuware president and COO. "For business and IT executives who are moving more business-critical applications onto the internet, Compuware can now offer unified visibility, isolation and resolution of application performance problems from the data center to the customer. Competitive offerings only cover isolated portions of the enterprise-internet application delivery chain."

For complete more details, go here.