Compuware To Buy Gomez For $295 Million In Cash - Eric Savitz (Barron's)

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Compuware To Buy Gomez For $295 Million In Cash
Oct 07, 2009 02:18 PM UTC

Eric Savitz (Barron's)

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Symbol	Sentiment	Start	Return	Closed
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Via BARRONS.com: Tech Trader Daily - Barron's Online:

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Not the CEO.

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Compuware (CPWR) this morning said it will acquire privately held Gomez Inc., a specialist in “Web application experience management,” for $295 million in cash.

The deal is expected to close next month.

Gomez, based in Lexington, Mass., has 272 employees. The company had 2008 revenue of $47 million.

Investors in Gomez include AdAstra, ABS Ventures, Dolphin Equity Partners, Doughty Hanson & Co. and Harbinger/Aurora Ventures.

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