Compuware To Acquire Gomez For $295 Million In Cash

Compuware is acquiring Web app experience management solution provider Gomez for $295 million in cash. The deal is expected to close in November of 2009, following government approvals and the satisfaction of other customary conditions. Gomez employs 272 people around the world, most of which will be staying with Compuware after the transaction's close, including its executive management team. Gomez was founded in 2001 and is headquartered in Lexington, Massachusetts. The company reported $47 million in revenues in fiscal year 2008.