Compuware Wraps Up Sale Of Changepoint, Uniface, Services Unit
DETROIT (WWJ) -- Compuware Corp. said Monday it had completed the sale of its Changepoint and Uniface software units and its professional services division to a California private equity firm, Marlin Equity Partners.
Compuware said it would cooperate with Marlin "to ensure a smooth transition, so that customers enjoy uninterrupted service and continue to receive the full value of their investments in the affected solutions and services."
The professional services division announced later Monday that it had begun operations as CW Professional Services, a standalone enterprise and emerging technology services company.
CW Professional Services will continue to be headquartered in Detroit, while maintaining additional North American sales and delivery offices.
"While some things are changing -- such as our name and logo -- the critical components of our business are not, including our people, our locations and our continued commitment to customer service, excellence and innovation," Marj Kozlowski, CW Professional Services president, said in a statement.
The company said it would offer services in several functional areas, including:
* Enterprise Mobility -- transforming businesses across industries such as food, manufacturing, and transportation by applying mobile technology to solve business challenges and capture new opportunities.
* Enabling the 'Internet of Things' -- building the vision and infrastructure that has helped our customers support nearly one billion machine-to-machine transactions to date while transforming data into insights and enterprise action.
* Pioneering the Connected Car -- connecting more than 20 million vehicles to date, and turning these connections into information that allows engineers and marketers to improve both their products and the customer experience.
For more information about CW Professional Services, visit the new website at www.cwprofessionalservices.com.
In a statement, Compuware president and CEO Bob Paul said: "Completing these divestitures allows us to accelerate the complete alignment of our organization with our application performance business and to extend our leadership position in this market by continuing to deliver best-in-class APM innovation and value to our customers. This closing also allows us to turn our attention to the remaining steps in our strategic transformation, many of which are well underway, which will drive revenue and earnings growth in the coming periods."
More at www.compuware.com.
