Compuware subsidiary Covisint's IPO could net the corporation $1 billion, President and COO Bob Paul says.
Excerpt:
Compuware already has conducted an internal study of the possible IPO of its successful business unit and hopes to spin out the company in the next year, according to Covisint President and COO Bob Paul.
“The coolest thing coming out of this story is that in the next six to 12 months, we could have a high-tech IPO that doesn’t come out of Silicon Valley,” Paul said.
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