To meet the growing business demand for IT agility, rapid delivery of high-performance of modern application and cloud-based services, Compuware (News - Alert) Corporation, the technology performance company, has acquired privately held dynaTrace software. The $256 million cash acquisition closed on July 1, 2011.

According to a press release, due to purchase accounting, the acquisition will have three cents per share negative impact on Compuware's expected FY '12 EPS. In FY '13, the impact is expected to be at least four cents per share positive. These estimates reflect the long-term value of Compuware's investment strategy to become best-in-the-world in the APM (News - Alert) market.

 John Van Siclen, chief executive officer of dynaTrace software said, “The APM market is undergoing a transformation; old tools simply can't meet the competitive requirements of modern applications, Compuware sees the same market shift and is committed to building next-generation APM solutions that bring customers greater value, with less effort, faster than ever before. We're excited to be a part of the Compuware team, which will allow us to meet and increase the skyrocketing demand for dynaTrace solutions.”

dynaTrace has a 92-percent win rate and a five-year CAGR of 125 percent because its unique PurePath technology solves the multi-billion dollar problem of optimizing application performance in a different and better way.

In a statement, Bob Paul, chief executive officer of Compuware said, “Organizations today depend on the rapid development and delivery of high-performing applications to drive revenues, customer satisfaction and brand, to meet these demands effectively, IT organizations must have visibility into the performance of every transaction, from development, through test and in production. Compuware and dynaTrace APM solutions allow IT to meet business demands for performance and agility through unbeatable insight into the user experience – whether in cloud, complex or traditional environments.”

In other company news, TMCnet reported that Compuware Corporation launched two new website performance benchmarks for U.S. healthcare information providers.

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