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| Company type | Public |
|---|---|
| Nasdaq: CPWR | |
| Industry | Information technology |
| Founded | 1973; 53 years ago (1973) |
| Founder | Peter Karmanos, Jr. Thomas Thewes Allen B. Cutting |
| Defunct | 2020 (2020) |
| Fate | Acquired byBMC Software |
| Headquarters | , United States |
| Products | Enterprise software |
| Services | IT services |
| Website | bmc |
Compuware was an American software company based inDetroit.[1] The company developed enterprise software primarily formainframe computing environments and provided related services, including software testing, development, and performance management.
The company ceased to operate as an independent entity in 2020 following its acquisition by BMC Software.
In 1973,Peter Karmanos Jr.,Thomas Thewes, and Allen B. Cutting established Compuware Corporation to provide clients with professional technical services. By 1978, Compuware opened its first remote office to service theWashington, D.C., andBaltimore area. In 1992, the company completed itsinitial public offering (IPO) and traded on theNASDAQ under the symbol CPWR. At the end of 1998, Compuware surpassed the $1 billion revenue mark.[citation needed]
In 2003, Compuware moved their headquarters fromFarmington Hills, Michigan, to a newheadquarters building indowntown Detroit.[2][3] In 2014, Compuware sold its headquarters building, later renamed One Campus Martius, following its acquisition by Thoma Bravo. In December of that year, Compuware was acquired by private equity firmThoma Bravo for approximately $2.5 billion, becoming a privately held company.[4] Following its acquisition by Thoma Bravo, Compuware shifted its focus toward modernizing and consolidating its mainframe software portfolio.[5]
In March 2020, Compuware was acquired byBMC Software for $2 billion.[6][7][8] Compuware ceased to exist as a company, but all of its products remain available under the name BMC Automated Mainframe Intelligence (BMC AMI).[9] In October 2022, it was announced that BMC's Detroit office will return to the northwest suburbs of Detroit, moving from One Campus Martius downtown to theSouthfield Town Center in nearbySouthfield.[10][11]
Between 2016 and 2020, Compuware acquired several software companies focused on mainframe development, testing, and data management technologies, including ISPW (2016), Itgrations (2016), and MVS Solutions (2017).[12][13][14][15]
