Misplaced Pages

Covisint

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
American information technology company
Covisint
Company typeSubsidiary
Traded asNasdaq: COVS
IndustryInformation Technology
Founded2000; 24 years ago (2000)
HeadquartersSouthfield, Michigan, U.S.
Key peopleSam Inman (CEO)
Number of employees180+ (2015)
ParentOpenText
Websitewww.covisint.com

Covisint was an American information technology company that was purchased by OpenText, a Canadian company for US$103 million in July, 2017. The OpenText Business Network mission is "Integrate, manage and securely exchange data across people, systems and things to gain an information advantage".

The roots of Covisint were in a program funded by General Motors to simplify supply chain led by Phil Abraham. General Motors was joined by Ford, and DaimlerChrysler to create a single B2B Supplier Exchange in 2000. They were also joined by Nissan, Renault and Peugeot as participants. In February 2004, Compuware Corporation acquired Covisint. Compuware completed a spin-off of Covisint on October 31, 2014. Covisint was fully independent of Compuware until its purchase by OpenText.

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. Pender, Terry (2017-06-06). "OpenText buys cloud computing firm for US$103 million | TheRecord.com". TheRecord.com. Retrieved 2017-10-27.
  2. OpenText Buys Covisint
  3. Sinclair, Norm (2016-11-28). "From the Rafters to the Cloud". DBusiness Magazine. Retrieved 2021-06-24.
  4. "Automotive Portals - Covisint". portal.covisint.com. Retrieved 2021-06-24.
  5. Copeland, Lee (2001-12-17). "Covisint's Stalled Start". Computerworld. Retrieved 2021-06-24.
  6. "Compuware to acquire Covisint B2B exchange". Archived from the original on 2014-02-02. Retrieved 2013-06-26.
  7. "Covisint Spin-Off From Compuware Completed". Archived from the original on 2015-06-18. Retrieved 2015-06-17.

External links

OpenText
Founders
Products
Acquisitions


Stub icon

This software company article is a stub. You can help Misplaced Pages by expanding it.

Categories: