Compuware Integrates Proxima Technology

Compuware (NASDAQ: CPWR) announced its acquisition of Proxima Technology at the beginning of this year.  In its most recent announcement, the company indicates how the acquisition supports its end-to-end service management solution, Compuware Vantage 10.

Steve Tack, Director of Product Management for Compuware stated, "Compuware Vantage's full spectrum of end-user experience monitoring coupled with both the Java and .NET analytics provides customers a solution that is unique in the industry. This release provides the foundation for Compuware's integrated solution with the recently acquired Proxima Technology Centauri, which will be released in the next quarter."

Updata Advisors initiated the transaction, acted as financial adviser and assisted in negotiations for Proxima Technology.