Boston, MA 09/11/2014 (wallstreetpr) – Compuware Corporation (NASDAQ:CPWR) seeks to split its mainframe and APM businesses operationally, it announced yesterday. The company said that only the mainframe business unit will then carry the Compuware name.
World Leader
According to a Globe Newswire article, Compuware Corporation (NASDAQ:CPWR) will, with the proposed move, become the world leader of mainframe dedicated software companies. The company will then be entirely committed to customers’ next gen mainframe opportunities and challenges. The commitment is expected to be beneficial to the world’s biggest companies, which rely on mainframes for their large-scale business critical operations. Such companies would potentially continue running applications on mainframe for a long time in the future.
New Opportunities
Compuware Corporation (NASDAQ:CPWR)’s latest move follows its recent announcement that it being taken-over by Thoma Bravo, LLC, and a private equity investment firm. The company had made an announcement sharing the news on Sept 2. Compuware’s acquisition will allow the company’s mainframe business to concentrate fully on its long-term strategy. In this context, the company’s mainframe operations’ President, Chris O’Malley, said that Compuware seeks exploit the acquisition decision as it would provide it an opportunity to harness additional support from the firm. Thoma Bravo would provide the company the company the resources it requires to offer its customers new and high-value capacities, with increased efficiency, he said.
Compuware Corporation (NASDAQ:CPWR)’s decision is a bold step that would allow the company to position itself uniquely so as to address the new demands of Big Data, the Internet of things, pervasive mobility and other needs of the IT industry. According to Thoma Bravo’s managing partner, Orlando Bravo, Compuware has opened up the way to becoming a strategic technology partner for some of the largest companies of the world. This is because presently mainframe companies are being underserved, he believes. O’Malley seconds his opinion and said that the unique features of a mainframe company offer a more compelling platform to the global enterprise.
