Compuware Corporation Acquire dynaTrace
The APM market is undergoing a transformation,” says Chief Executive Officer of dynaTrace.
Compuware Corporation have acquired dynaTrace
software (pdf,) in a $256 million cash acquisition that closed
on July 1, 2011. According to the announcement, all of dynaTrace
software’s existing employees, including the leadership team, are
expected to remain with Compuware.
“The APM market is undergoing a transformation; old tools simply
can’t meet the competitive requirements of modern applications,”
said John Van Siclen, Chief Executive Officer of dynaTrace
software. “We’re excited to be a part of the Compuware team, which
will allow us to meet and increase the skyrocketing demand for
dynaTrace provides application performance management solutions
integrated in one platform, available in either Production Edition,
Test Centre Edition, or Development Team Edition.