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 Compuware also can be found on the Web at

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access