| Type | Public |
|---|---|
| Traded as | NASDAQ: CPWR S&P 500 Component |
| Industry | Information technology |
| Founded | 1973 |
| Founder(s) | Peter Karmanos, Jr. Thomas Thewes Allen B. Cutting |
| Headquarters | The Compuware Building Detroit, Michigan, U.S |
| Area served | Worldwide |
| Key people | Peter Karmanos, Jr. (Executive Chairman) Robert C. Paul (CEO) Joe Angileri (President and COO) |
| Products | Computer software |
| Services | IT services |
| Revenue | US$ 928.9 million (FY 2011)[1] |
| Operating income | US$ 150.3 million (FY 2011)[1] |
| Net income | US$ 107.4 million (FY 2011)[1] |
| Total assets | US$ 2.038 billion (FY 2011)[1] |
| Total equity | US$ 952.6 million (FY 2011)[1] |
| Employees | 4,396 (March 2011)[1] |
| Website | Compuware.com |
Compuware Corporation (NASDAQ: CPWR) is a software company with products aimed at the information technology (IT) departments of large businesses. The company's services also include testing, development, professional services automation, project and portfolio management, cloud-based collaboration and performance management software for programs running on mainframe computer and distributed client–server systems. The company has its headquarters in Downtown Detroit, Michigan.[2]
Compuware has more than 7,100 customers around the world, including 46 of the top 50 Fortune 500 companies and 12 of the top 20 most visited U.S. web sites.[3]
For its fiscal 2010 the company revenues were over US$920 million. The founder is Peter Karmanos, Jr. who, on June 20, 2011, relinquished the CEO position to become executive chairman. The new CEO is former Chief Operating Officer Bob Paul.[4]
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Compuware is a contributing member of the Apdex Alliance.
In 1973, Karmanos, Thomas Thewes, and Allen B. Cutting established Compuware Corporation. Their vision was to help people do things with computers by providing their clients with professional technical services, allowing them to focus on their own core businesses. In 1977, Compuware introduced Abend-AID, its first software product. Designed to detect bugs and suggest corrective action in corporate mainframe systems, Abend-AID is still a standard in a market with more than 8,000 copies currently in use. The release of Abend-AID established a product strategy for Compuware, alleviating the peaks and valleys of revenue that occur in the services business. By 1978, Compuware opened its first remote office to service the Washington, D.C. and Baltimore area.
Compuware launched its File-AID product line. Using a request-driven interface, File-AID products help developers to quickly and easily find, create, extract, transfer, fix, convert, load, edit, age and compare data. This allows developers to focus on developing and maintaining applications that meet business needs. Compuware also announced Playback, the company's first automated testing tool. Later, Compuware moved from its Southfield location to as new corporate headquarters in Farmington Hills, Michigan. Compuware acquired its first European subsidiaries.
Throughout the 1990s, Compuware acquired several companies building their position in the marketplace, including Centura Software, XA Systems, EcoSystems Software, UNIFACE development environment, Hiperstation, Coronet, Direct Technology Limited, DRD Promark, Inc, NuMega, Data Processing Resources Corporation, Programart and the CACI Products Company. In 1992, Compuware completed its initial public offering (IPO) of stock. In 1994, Compuware commenced a secondary public offering in order to raise needed cash, and named Joseph A. Nathan President and Chief Operating Officer. In 1998, Compuware surpassed the US$1 billion revenue mark. In 1999, Compuware employees numbered more than 15,000, prompting the company to announce its intention to build a new headquarters building in Campus Martius Park in Detroit, Michigan.
Since 2000, Compuware has acquired e-business services firms BlairLake, Inc., Nomex, Inc., Covisint,[5] LLC, Adlex, Inc.,[6] SteelTrace,[7] Changepoint,[8] Proxima Technology's Centauri Business Service Manager. In 2003, the company's 30th year of existence, Compuware completed construction on its new world headquarters building in downtown Detroit. In 2008 the company formally launched Compuware 2.0, along with the official introduction of a new global theme "We make IT rock around the world". On November 9, 2009 Compuware acquired Gomez in an effort to become industry's only unified Application Performance Management solution, spanning the Enterprise and Internet.[9] In 2009 Compuware hired ex Detroit mayor and convicted felon Kwame Kilpatrick. On July 6, 2011 Compuware acquired dynaTrace software.[10]
Compuware engages in ongoing sponsorship of local activities in Detroit and throughout the Great Lakes region.
Compuware's headquarters are at One Campus Martius, Detroit, Michigan 48226.[11] Compuware moved its headquarters and 4,000 employees to Downtown Detroit in 2003.[12] The headquarters facility, completed in 2002, has 15 floors and 1,100,000 square feet (100,000 m2) of space. The headquarters facility includes an on-site daycare, a 38,000 square feet (3,500 m2) fitness center, and 55,000 square feet (5,100 m2) of retail space.[13] Prior to the move, the headquarters were in Farmington Hills, Michigan.[14]
Compuware has 84 offices in 30 countries. Some of the worldwide locations include: