View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 28, 1995


By CBR Staff Writer

With what, last time we looked, came to 15 acquisitions under its belt since August 1994, Oakbrook Terrace, Illinois-based Platinum Technology Inc is at it again and this time has swallowed software change and configuration management tools outfit Softool Corp and object software house Protosoft Inc. Platinum will fold Santa Barbara, California-based Softool’s change management offerings, including CCC/Harvest for application change management, CCC/LCM for MVS, CCC/Manager for the enterprise and QuikTrak for spreadsheets and word processing into its Application Development Software product division. Softool’s offerings cover Unix, Windows, OS/2, Windows NT, MVS and VAX/VMS. The deal involved Platinum exchanging $25m in shares for Softool. And it is also adding privately-held Houston, Texas-based Protosoft’s Paradigm Plus to the same division, acquiring almost all of the assets of Protosoft for $30m in cash, and $10m in shares. Paradigm Plus is an engineering tool for Windows personal computers and Unix, and is presently integrated with Object Design Inc’s database which it uses as a repository. Platinum will integrate Paradigm Plus with its own repository, and integrate its construction tools AionDS and ObjectPro and its three-tier testing tool Final Exam with the product.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.