Welcome!

DevOps Journal Authors: Trevor Parsons, Roger Strukhoff, Dmitriy Stepanov, Rex Morrow, Datical, Elizabeth White

Related Topics: Cloud Expo, Java, Linux, Virtualization, Big Data Journal, DevOps Journal

Cloud Expo: Article

Compuware to Be Acquired by Thoma Bravo

The transaction, subject to approval, is expected to close by early 2015

Compuware Corporation (Nasdaq:CPWR) and Thoma Bravo jointly announced that Compuware has entered into a definitive agreement to be acquired by private equity investment firm Thoma Bravo, LLC, in a transaction valued at approximately $2.5 billion.

“Compuware is the clear established leader in the categories of application performance and mainframe productivity tools, and this transaction is the capstone to a series of transformative company initiatives to relentlessly drive value,” said Bob Paul, Chief Executive Officer of Compuware. “We began with the IPO of Covisint, initiated a robust dividend, divested non-core operations, and aggressively reduced corporate expenses. Compuware is now best suited to focus on its core mainframe and APM businesses as a private-equity backed company, where we can continue to serve our customers in a competitive environment with greater flexibility to take a long-term approach.”

“Organizations are increasingly relying on mission-critical technologies and applications to reach customers and grow their businesses, and Compuware’s solutions, including Compuware APM, are the leading choice by many of the world’s largest organizations for ensuring those applications perform seamlessly,” said Orlando Bravo, a managing partner at Thoma Bravo. “Becoming a private company will enable this established market leader to leverage strategic product and other growth opportunities that will take Compuware to the next level.”

Under the terms of the agreement, pending shareholder approval, Compuware shareholders will receive an aggregate value of approximately $10.92 per share, representing a premium of approximately 17 percent to the Company’s stock price as of the close of trading on Friday, August 29, 2014. Thoma Bravo will pay a cash purchase price of $10.43 for each outstanding share of Compuware common stock, less the pro rata portion of the applicable corporate tax that will be owed in connection with the spin-off of Covisint, currently estimated at $0.18 per share based on the current market price of Covisint, for a net cash payment of approximately $10.25 per share. The parties have agreed that within 60 days following the date of the merger agreement, Compuware will effectuate the pro rata distribution to its shareholders of the remaining shares of Covisint owned by Compuware, resulting in a distribution of Covisint shares representing approximately $0.67 per share of Compuware common stock based on the closing price of Covisint on Friday, August 29. During the 60-day period, Compuware may seek a higher value alternative for its Covisint shares, in which case the proceeds, net of tax and certain charges, of such disposition will be paid to Compuware shareholders.

Gurminder S. Bedi, Independent Chairman of the Compuware Board, said, “This is the right transaction for Compuware at the right time, and reflects a thorough Board review of strategic alternatives and the work of a committee established earlier this year to focus on value-generating steps. This agreement provides shareholders with immediate and substantial cash value, a significant premium to our share price, and the ability to complete the Covisint spin-off to shareholders. Thoma Bravo is an ideal partner for Compuware, adding significant application software, services, and financial expertise.”

“We have been incredibly impressed with the business that the Compuware management team has built, and look forward to working with them on this next stage of growth for the company,” added Seth Boro, a managing partner at Thoma Bravo. “The APM and Mainframe Productivity Tools markets are exciting and ever-evolving industries, and we’re confident that our partnership with Compuware will enhance its position as the market leader and fuel further innovation that will benefit customers.”

The Compuware board of directors unanimously approved the agreement and recommends that Compuware’s shareholders approve the transaction. The transaction, which is expected to close by early 2015, is subject to approval from Compuware’s shareholders, regulatory approvals, and other customary closing conditions. The closing of the transaction is also subject to the completion of a disposition of Covisint.

Elliott Management, which owns approximately 9.5 percent of Compuware’s common stock, has entered into an agreement with Thoma Bravo agreeing to vote its shares in favor of the transaction.

There is no financing condition associated with the proposed acquisition. Jefferies, Credit Suisse and Deutsche Bank have agreed to provide debt financing in connection with the transaction.

Compuware has agreed to immediately discontinue its quarterly cash dividend. At closing, Thoma Bravo will acquire 100% of Compuware’s outstanding shares and Compuware will become a privately-held company.

Goldman, Sachs & Co. is serving as financial advisor, and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel to Compuware. Kirkland & Ellis LLP is serving as legal counsel to Thoma Bravo.

Cloud Expo's giant Silicon View billboard which is viewed by more than 1.3 million motorists per week

The 15th International Cloud Expo has just expanded its conference program, to bring together Cloud Computing, APM, APIs, Security, Big Data, Internet of Things, DevOps and WebRTC at one location.

The show now has three tracks devoted exclusively to the IoT (with WebRTC present in one of the tracks), a full single track focusing on Big Data, and a two-track DevOps Summit, in addition to four tracks devoted exclusively to Cloud Computing in the enterprise.

Cloud Expo is the single show where delegates and technology vendors can meet to experience and discuss the entire world of the cloud.

With Cloud Computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to learn about the latest technology developments and solutions.

Attend Cloud Expo Nov 4-6, at the Santa Clara Convention Center, CA. Craft your own custom experience. Learn the latest from the world's best technologists. Find the vendors you want and put them to the test.

15th Cloud Expo Expanded Conference Program

Cloud Expo
Track 1: Enterprise Cloud Adoption
Track 2: APM, Cloud and Hot Topics
Track 3: Cloud APIs & Business
Track 4: Cloud Security - Mobility

Big Data Expo
Track 5: Big Data/Analytics

@ThingsExpo
Track 6: Consumer IoT
Track 7: Enterprise IoT
Track 8: IoT Developer & WebRTC

DevOps Summit
Track 1: "Dev" Developer Focus
Track 2: "Ops" Operations Focus

More than 150 all-star faculty members will discuss the hottest technology topics in November. In addition to the expanded APM and API coverage, Cloud Expo Silicon Valley will offer a variety of Linux containers and Docker sessions.

DevOps Summit at Cloud Expo also doubled its content from June, in two full simultaneous tracks for three days.

Tracks and topics for DevOps Summit at Cloud Expo will include:

  • Application delivery
  • ROI and business value
  • Site reliability
  • Continuous delivery
  • Kanban, Scrum, and Agile
  • Continuous integration
  • Release scalability
  • Continuous release
  • Service virtualization
  • Operational monitoring
  • Capacity management
  • Load testing
  • Quality assurance
  • Manager and exec support
  • Release automation
  • Cultural change
  • Breaking down IT silos
  • Cloud development
  • Cloud platforms
  • Test automation
  • Teaming
  • Application security
  • API management
  • Identity and access
  • Audit and control
  • DevOps and ITIL, ISO, Six Sigma, COBIT
  • Mobile DevOps
  • DevOps for legacy systems
  • Software-defined servers
  • Network automation
  • Server automation
  • Configuration automation
  • Continuous support
  • DevOps anti-patterns
  • Enterprise DevOps
  • DevOps system architecture
  • IT orchestration
  • Containerization
  • DevOps skills and training
  • WebOps, CloudOps, ChatOps, NoOps
  • Change management

Tracks and topics for Internet of @ThingsExpo will include:

Consumer IoT & Wearables

  • Smart Appliances
  • Smart Cars
  • Smartphones 2.0
  • Smart Travel
  • Personal Fitness
  • Health Care
  • Personalized Marketing
  • Customized Shopping
  • Personal Finance
  • The Digital Divide
  • Mobile Cash & Markets
  • Games & the IoT
  • The Future of Education
  • Virtual Reality

Enterprise IoT

  • The Business Case for IoT
  • Smart Grids
  • Smart Cities
  • Smart Transportation
  • The Smart Home
  • M2M
  • Authentication/Security
  • Wiring the IoT
  • The Internet of Everything
  • Digital Transformation of Enterprise IT
  • Agriculture
  • Transportation
  • Manufacturing
  • Local & State Government
  • Federal Government

IoT Developers

  • Eclipse Foundation
  • Cloud Foundry
  • Linux Containers
  • Node-Red
  • Open Source Hardware
  • AJAX and the IoT
  • Leveraging SOA
  • Multi-Cloud IoT
  • Evolving Standards
  • WebSockets
  • Security & Privacy Protocols
  • GPS & Proximity Services
  • Bluetooth/RFID/etc.
  • XMPP
  • Nest Labs

Sponsorship Opportunities
for Cloud Expo
® 2014 Silicon Valley
Cloud Expo® 2014 Silicon Valley "show prospectus" has shipped. Sponsorship, exhibit, and keynote opportunities can be obtained from Carmen Gonzalez by email at events (at) sys-con.com, or by phone 201 802-3021.

Early Bird Registration Options
for Cloud Expo
® 2014 Silicon Valley
Cloud Expo® delegates can pre-register for Cloud Expo® Silicon Valley with Early Bird savings here.

About SYS-CON Media & Events
SYS-CON Media (www.sys-con.com) has since 1994 been connecting technology companies and customers through a comprehensive content stream at www.sys-con.com - featuring over forty focused subject areas, from Cloud Computing to Web Security - interwoven with market-leading full-scale conferences produced by SYS-CON Events. The company's internationally recognized brands include among others Cloud Expo® (www.CloudComputingExpo.com), Big Data Expo (http://BigDataExpo.net), Virtualization Conference & Expo (www.VirtualizationConference.com), DevOps Summit (http://DevOpsSummit.sys-con.com), Internet of @ThingsExpo (http://www.ThingsExpo.com), SDDC Expo (http://SDDCExpo.sys-con.com), WebRTC Summit (http://WebRTCSummit.net), Government IT Conference & Expo (www.GovITExpo.com), Cloud Computing Bootcamp (www.CloudComputingBootcamp.com), and UlitzerLive! New Media Conference & Expo (http://events.sys-con.com).

 

Cloud Expo® is a registered trademark of Cloud Expo, Inc.

More Stories By Elizabeth White

News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

@DevOpsSummit Stories
We had three quick questions for Mike Kail, and he had three quick answers. Mike is SVP of Infrastructure at Yahoo!, and formerly VP of IT Operations at Netflix. He'll be speaking at @DevOpsSummit about his experiences in integrating DevOps on a big scale in big-scale projects. Here's what we asked and what he said: DevOps Journal: You mention “eventual consistency” as a goal. Is there a timeframe? Mike Kail: It is really a strategy for successful transformation instead of a strict timeline DevOps Journal: Who has the steepest learning curve, "dev" "ops"? Mike: It is not about sides of the house, it is about one's ability to shift and evolve. Hire smart people who like getting uncomfortable and embrace rapid change DevOps Journal: How important is buy-in from top management? Mike: Very important. Thankfully I have, and provide, that.
Having just joined a large technology company with 20 years of history, it would be suicidal to believe that I can immediately move the entire organization to the DevOps mindset and model. For those not familiar with the term, “Eventual Consistency” is a model used in distributed computing to ensure high availability. In this context, it’s a model for replicating best practices and automation across IT teams and business units. The logical place to start with automation is the on-boarding of a new employee. That process should be as seamless and streamlined as possible, with a pristine source of truth. The goal is to populate a list of attributes and replicate them out to the various systems, and that’s applicable to either a new employee or an existing one who changes roles. Core infrastructure deployment is also at the base of the DevOps stack. Automate the provisioning of compute, network, and storage, and provide continuous insight into the utilization.
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential. The DevOps Summit at Cloud Expo--to be held November 4-6 at the Santa Clara Convention Center in the heart of Silicon Valley--will expand the DevOps community, enable a wide sharing of knowledge, and educate delegates and technology providers alike. Recent research has shown that DevOps dramatically reduces development time, the amount of enterprise IT professionals put out fires, and support time generally. Time spent on infrastructure development is significantly increased, and DevOps practitioners report more software releases and higher quality.
DevOps Summit at Cloud Expo Silicon Valley announced today a limited time free "Expo Plus" registration option. On site registration price of $1,95 will be set to 'free' for delegates who register during this offer perios. To take advantage of this opportunity, attendees can use the coupon code, and secure their registration to attend all keynotes, DevOps Summit sessions at Cloud Expo, expo floor, and SYS-CON.tv power panels. Registration page is located at the DevOps Summit site.
Software is eating the world. Companies that were not previously in the technology space now find themselves competing with Google and Amazon on speed of innovation. As the innovation cycle accelerates, companies must embrace rapid and constant change to both applications and their infrastructure, and find a way to deliver speed and agility of development without sacrificing reliability or efficiency of operations. In her keynote DevOps Summit, Victoria Livschitz, CEO of Qubell, will discuss how IT organizations can automate just-in-time assembly of application environments – each built for a specific purpose with the right infrastructure, components, service, data and tools – and deliver this automation to developers as a self-service. Victoria’s keynote will include remarks by Kira Makagon, EVP of Innovation at RingCentral, and Ratnakar Lavu, EVP of Digital Technology at Kohl’s.
DevOps Summit at Cloud Expo Silicon Valley announced today a limited time free "Expo Plus" registration option through September. On site registration price of $1,95 will be set to 'free' for delegates who register during special offer. To take advantage of this opportunity, attendees can use the coupon code, and secure their registration to attend all keynotes, DevOps Summit sessions at Cloud Expo, expo floor, and SYS-CON.tv power panels. Registration page is located at the DevOps Summit site. Your DevOps Summit registration will also allow access to @ThingsExpo sessions and exhibits. Register For DevOps Summit "FREE" (limited time) ▸ Here
Despite the fact that majority of developers firmly believe that “it worked on my laptop” is a poor excuse for production failures, most don’t truly understand why it is virtually impossible to make your development environment representative of production. When asked, the primary reason for the production/development difference everyone mentions is technology stack spec/configuration differences. While it’s true, thanks to the black magic of Cloud (capitalization intended) with a bit of wizardry from Chef, anyone can create a pretty reliable replica of the production environment on demand. The actual main issue with reliable production mirroring is complex, but can be described in one word – data.
SYS-CON Events announced today that AppDynamics will exhibit at DevOps Summit Silicon Valley, which will take place November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Digital businesses like yours need a way to turn data into actual results. AppDynamics is ushering in the next digital age – the age of the software-defined business. AppDynamics’ mission is to deliver true application intelligence that helps your software-defined business run faster, leaner, and more efficient. You get the visibility and control you need to identify problems, find the root cause, and instantly connect the dots to get applications – and user transactions – on track and running flawlessly. AppDynamics provides the certainty that your most complex, business-critical applications are performing at the highest level and that the data and information generated by these applications can be harnessed for ongoing business advantage and impact.

BOULDER, Colo., Sept. 24, 2014 /PRNewswire/ -- VictorOps, the leading collaboration and incident management platform for DevOps teams, is hosting a webinar that will discuss how to take full advantage of your project post-mortems with or without a template.

DevOps Journal: Cloud, Big Data, and the IoT all carry disruption within enterprise IT. The same goes with DevOps. Which of these is the major disruptor, in your opinion? Andi Mann: It may well be cloud, because it fundamentally enables all the rest. Cloud scale is why we are now considering Big Data; cloud connectivity is a key enabler of IoT; cloud agility has enabled DevOps to take hold. But in the end, the cloud is “just” a platform, while the results of DevOps speak for themselves--like an average 20+% improvement in areas like revenue, new products, time to market, quality improvement, and more . DevOps Journal: Cloud has been gaining traction for the longest time in this group, too. Andi: Yes, it is still early days for DevOps, with a minority yet to adopt DevOps, so its biggest impact is yet to be seen. This is an incredible opportunity to radically accelerate the pace of change, which in turn will upend all the other disruptions. This is why I think DevOps...
These days, implementing automatic deployment for .NET web projects is easier than ever. Drastic improvements started in Visual Studio 2010 when basic deployment strategies and tools were incorporated into VS itself. Yet, documentation was quite poor at that time, so you had to scour the Internet to find good tutorials in blogs or conference videos. Things have been constantly improving since then; now, we have even more functionality available out-of-the-box and documentation provided in a way that allows you to get started from zero understanding of the process to working deployment in less than two days. Some good places to start are this tutorial for an end-to-end guide on configuration and MSDN’s overview.
Azul Systems Inc. (Azul), the award-winning leader in Java runtime solutions, today announced that its OpenJDK-based Zulu 8 offering is now freely available on Docker. Zulu 8 is a 100% open source, fully tested, compatibility verified, and trusted binary distribution of the OpenJDK 8 platform. Azul has also made Zulu versions compliant with earlier Java SE 7 and Java SE 6 standards available on Docker in the same format.
Founded in 1997, ActiveState is a global leader providing software application development and management solutions. The Company's products include: Stackato, a commercially supported Platform-as-a-Service (PaaS) that harnesses open source technologies such as Cloud Foundry and Docker; dynamic language distributions ActivePerl, ActivePython and ActiveTcl; and developer tools such as the popular Komodo Edit and Komodo IDE. Headquartered in Vancouver, Canada, ActiveState is trusted by customers and partners worldwide, across many industries including telecommunications, aerospace, software, financial services and CPG. ActiveState is proven for the enterprise: More than two million developers and 97% of Fortune 1000 companies use ActiveState's solutions to develop, distribute, and manage their software applications. Global customers like Bank of America, CA, Cisco, HP, Lockheed Martin and Siemens rely on ActiveState for faster development, ensuring IT governance and compliance, and accele...
DevOps Summit at Cloud Expo Silicon Valley announced today a limited time free "Expo Plus" registration option. On site registration price of $1,95 will be set to 'free' for delegates who register during this offer perios. To take advantage of this opportunity, attendees can use the coupon code, and secure their registration to attend all keynotes, DevOps Summit sessions at Cloud Expo, expo floor, and SYS-CON.tv power panels. Registration page is located at the DevOps Summit site.
Leading provider of Continuous Delivery and DevOps software XebiaLabs today announced enhanced integration between Puppet and XebiaLabs' XL Deploy, the deployment automation solution that supports DevOps and Continuous Delivery teams. XL Deploy in combination with Puppet means one seamless automation process to deploy your apps.
PagerDuty, the leader in operations performance management, announced the public release of its Advanced Analytics tools, which provide insights IT teams can use to improve team and system performance. Leveraging PagerDuty’s robust data on key operational metrics like incident frequency and time to respond and resolve, companies can now drive even faster incident resolution. The new capabilities further expand PagerDuty’s operations performance platform by giving managers the ability to analyze and improve key drivers of uptime.
In today's application economy, enterprise organizations realize that it's their applications that are the heart and soul of their business. If their application users have a bad experience, their revenue and reputation are at stake. In his session at 15th Cloud Expo, Anand Akela, Senior Director of Product Marketing for Application Performance Management at CA Technologies, will discuss how a user-centric Application Performance Management solution can help inspire your users with every application transaction.
SYS-CON Events announced today that Serena Software will exhibit at DevOps Summit Silicon Valley, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Serena Software supports DevOps and Continuous Delivery by providing application deployment automation and software release management solutions to replace slow and error-prone manual processes. 2,500 enterprises around the world trust Serena to help them develop and deploy better software.
Qubell, an innovator in application deployment and configuration management, empowers online companies to do what they have never been able to do before: put into consumers' hands innovative new features and services, almost as fast as they can conceive them, without sacrificing control, reliability or uptime. Qubell emerged from stealth in the summer of 2013 (see related press release) and announced that Kohl's completed its initial implementation (see press release). Founded by pioneers in enterprise cloud applications and services, Qubell has its headquarters in Menlo Park, Calif. For more information, visit qubell.com.
Enthusiasm for the Internet of Things has reached an all-time high. In 2013 alone, venture capitalists spent more than $1 billion dollars investing in the IoT space. With “smart” appliances and devices, IoT covers wearable smart devices, cloud services to hardware companies. Nest, a Google company, detects temperatures inside homes and automatically adjusts it by tracking its user’s habit. These technologies are quickly developing and with it come challenges such as bridging infrastructure gaps, abiding by privacy concerns and making the concept a reality. These challenges can’t be addressed without the kinds of agile software development and infrastructure approaches pioneered by the DevOps movement.