Covisint

Covisint
Public
Traded as NASDAQ: COVS
Industry Information Technology
Founded 2000
Headquarters Southfield, Michigan, USA
Key people
 Sam Inman, CEO
Number of employees
 180+ (2015)
Website www.covisint.com

Covisint was an American information technology company that was purchased by OpenText,[1] a Canadian company for US$103 million in July, 2017[2][3]. Covisint was established in 2000 by a consortium of organizations, including General Motors, Ford, and DaimlerChrysler. In February 2004, Compuware Corporation acquired Covisint.[4] Compuware completed a spin-off of Covisint on October 31, 2014. Covisint was fully independent of Compuware until its purchase by OpenText.[5]

Initially focused in the automotive industry, they have expanded into the healthcare, oil and gas, government, and financial services. Covisint has offices in Southfield, San Francisco, Shanghai, Coventry and Frankfurt.

References

  1. ↑ "OpenText buys Hightail". IT Business. Retrieved 2018-05-25.
  2. ↑ Pender, Terry (2017-06-06). "OpenText buys cloud computing firm for US$103 million | TheRecord.com". TheRecord.com. Retrieved 2017-10-27.
  3. ↑ OpenText Buys Covisint
  4. ↑ Compuware to acquire Covisint B2B exchange
  5. ↑ Covisint Spin-Off From Compuware Completed


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