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Covisint was an American
information technology Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Inf ...
company that was purchased by
OpenText OpenText Corporation (styled as opentext) is a global software company that develops and sells information management software. OpenText, headquartered in Waterloo, Ontario, Canada, is Canada's fourth-largest software company as of 2022, and r ...
, a Canadian company for US$103 million in July, 2017. Th
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 General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing f ...
to simplify supply chain led by Phil Abraham. General Motors was joined by Ford, and
DaimlerChrysler Mercedes-Benz Group AG (formerly Daimler-Benz, DaimlerChrysler, and Daimler) is a German multinational automotive company headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-B ...
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 Spin-off, Spin Off, Spin-Off, or Spinoff may refer to: Entertainment and media *Spinoff (media), a media work derived from an existing work *''The Spinoff'', a New Zealand current affairs magazine * ''Spin Off'' (Canadian game show), a 2013 Canad ...
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 San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...
,
Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...
, Coventry and
Frankfurt Frankfurt am Main () is the most populous city in the States of Germany, German state of Hesse. Its 773,068 inhabitants as of 2022 make it the List of cities in Germany by population, fifth-most populous city in Germany. Located in the forela ...
.


References


External links


Official site
OpenText Software companies based in Michigan Companies based in Southfield, Michigan Software companies established in 2000 Companies formerly listed on the Nasdaq 2013 initial public offerings 2017 mergers and acquisitions Corporate spin-offs American subsidiaries of foreign companies Defunct software companies of the United States {{software-company-stub