BMC Acquiring Compuware From Thoma Bravo
This is M&A deal Number 132 that ChannelE2E has covered so far in 2020. See the complete M&A deal list here.
Rumors about Thoma Bravo potentially selling Compuware for about $2 billion surfaced in January 2020.
The BMC-Compuware combination will “build upon the success of BMC Automated Mainframe Intelligence (AMI) and the Topaz suite, ISPW technology, and classic product portfolios from Compuware to further modernize the mainframe industry,” the two companies say.
BMC Acquiring Compuware: Executive Perspectives
In a prepared statement about the deal, BMC CEO Ayman Sayed said:
“BMC continues to be focused on evolving and investing in our portfolio to address and even anticipate the needs of our customers, helping them to succeed today and into tomorrow. It’s the ideal time to bring Compuware into our portfolio as the traditional mainframe AppDev market transitions to DevOps. We’re excited to welcome the Compuware team as we build best-of-breed modern mainframe solutions.”
Added Chris O’Malley, CEO of Compuware:
“Compuware is the proven and trusted partner in mainstreaming the mainframe for Agile and DevOps, and we are thrilled to now be joining forces with BMC in reinventing the future of the platform. Both companies have been leaders in mainframe innovation over the last five years and we look forward to combining our complementary solution strengths and common passion for accelerating our customers’ successful digital transformations. Without a doubt, a combined BMC and Compuware is the best, brightest, and most collaborative partner for a new generation of mainframe stewards.”
Thoma Bravo’s Compuware sale surfaces the same day that the private equity firm completes its Sophos cybersecurity acquisition.