View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Cybersecurity
January 28, 2013updated 19 Aug 2016 9:27am

You read it here first: Compuware confirms Covisint spin-off

May 2011 scoop comes to pass

By Jason Stamper Blog

Bob Paul Compuware
Compuware’s Bob Paul

I had the skinny on a possible spin-off of Compuware’s vertical industry collaboration and B2B exchange division Covisint back in May 2011. Back then I’d been suggesting to Compuware president Bob Paul that Covisint didn’t really sit that well with the rest of Compuware’s performance, portfolio and systems management products, and he tended to agree.

Paul admitted Compuware could spin Covisint off in 2012, and just before Christmas last year the firm announced it would IPO 20% of Covisint in 2013. So it was getting closer, but it wasn’t quite a spin-off announcement.

But today, as part of its rejection of a bid to acquire Compuware by Elliott Management Corp, Compuware also said that after the IPO it will hand the remaining 80% of Covisint shares to Compuware shareholders.

My original news came from a podcast interview I had done with Paul, in which he also outlined his vision for ‘Compuware 2.0’ and his views on the firm’s relevance in the era of virtualisation and cloud computing. Find that and the original story here.

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.
THANK YOU