Compuware Corporation to be Acquired by Thoma Bravo
Transaction Values Compuware at Approximately $2.5 Billion
Transaction Marks Culmination of Series of Strategic Initiatives Delivering Value to Compuware Shareholders
DETROIT & SAN FRANCISCO -- Compuware Corporation (CPWR) and Thoma Bravo jointly announced that Compuware has entered into a definitive agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC, in a transaction valued at approximately $2.5 billion.
“Compuware is the clear established leader in the categories of application performance and mainframe productivity tools, and this transaction is the capstone to a series of transformative company initiatives to relentlessly drive value,” said Bob Paul, Chief Executive Officer of Compuware.
- Category: High Tech
- Published: 02 September 2014
- Written by Editor