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Compuware Acquires Viasoft, Inc.

    Online News published in DMReview.com
August 2, 1999
 
  By Rachel Rasmussen

Phoenix, Ariz., Aug. 2, 1999 -- On July 15,1999, Compuware Corporation and Viasoft, Inc. announced they entered into an agreement for Compuware to acquire Viasoft through a cash tender offer. A wholly owned subsidiary of Compuware offered to purchase any and all outstanding shares of Viasoft's common stock for $9 per share. The Boards of Directors of both Viasoft and Compuware approved the transaction.

Viasoft provides business solutions consisting of specialized professional services and award-winning software that is designed to enable customers worldwide to cost-effectively manage and evolve their information technology assets. Viasoft's suite of products and services - including its recently announced advanced e-commerce transformation product for IBM MVS Cobol applications - complement Compuware's testing and implementation solutions. Together the combined companies are expected to be ideally positioned to help large corporations deploy evolving technologies.

For more information on Viasoft's services and technologies, please visit the company's Web site at www.viasoft.com. Compuware also can be found on the Web at www.compuware.com.


Rachel Rasmussen was a Web Editor of DMReview.com.



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