Gomez Takes $295M Buyout Offer

It’s good to be Gomez. The Lexington, MA-based software firm has agreed to be purchased by Detroit’s Compuware (NASDAQ:[[ticker:CPWR]]) for $295 million in cash, the companies report today. Gomez, which provides performance-management software for Web and mobile applications, was already in registration for an $80.5 million IPO and had raised, according to PeHub, $66 million in funding between 1999 and 2004 from its venture backers ABS Ventures, AdAstra, Dolphin Equity Partners, and Doughty Hanson & Company. The deal is expected to close in November.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.