Compuware Corp, the Farmingham Hills, Michigan company which claims to be the world’s fifth largest independent software vendor, is starting to gain the benefits of its size. After chugging along with 35%-40% growth rates, the company has started the current year by increasing first quarter revenues by 50.8% to $338.6m, with license revenues increasing 69% to $128m. With shares up 6.96% to be close to the year’s high at $57.63, the market appears to expect progress to continue.
