08.01.2014 15:27:12
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Compuware Reports Strategic Divestitures - Quick Facts
(RTTNews) - Compuware Corp. (CPWR), the technology performance company, announced that it has signed an agreement for Marlin Equity Partners to acquire Compuware's Changepoint, Professional Services and Uniface business units. The deal is valued at $160 million. Marlin Equity Partners is a global investment firm with an extensive track record in the technology industry.
Bob Paul, President and CEO, Compuware, said: "The action represents another step in the strategic transformation we embarked on just a few years ago. This development, combined with our cost-cutting initiatives, will accelerate the pace of the company's topline revenue growth and result in future profitability gains."
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