About 600 downtown Detroit technology workers are getting new bosses under a $160-million deal between Compuware and Marlin Equity Partners.
Compuware headquarters at Campus Martius.
Free Press business writer JC Reindl has details:
Detroit-based Compuware announced this morning that it is preparing to sell three of its business units representing just under 25% of its total revenues to a Los Angeles-based private equity fund.
The businesses are Changepoint, Uniface, and Compuware’s professional services organization. Altogether they employ about 1,250 people, of whom 633 work in Compuware’s global headquarters in downtown Detroit.
The Detroit-based jobs are expected to stay in Detroit, said Lisa Elkin, a Compuware senior vice president.
The California purchaser describes itself as "a global investment firm with over $2.6 billion of capital under management.." It owns dozens of technology companies nationwide.
Related Deadline Detroit coverage :
Red Ink: Compuware Shows $17-Million Loss For 2013, May 22
Compuware Ventures provided 2012 start-up financing for Deadline Detroit.
