Platinum Technology Inc. was founded by

Andrew Filipowski Andrew J. "Flip" Filipowski is a Polish American technology entrepreneur born in 1950 in Chicago. He is currently the executive chairman and CEO of SilkRoad Equity, a private investment firm, and founded Platinum technology in 1987. He is also c ...

in 1987 to market and support deployment of

database In computing, a database is an organized collection of data stored and accessed electronically. Small databases can be stored on a file system, while large databases are hosted on computer clusters or cloud storage. The design of databases s ...

management software products and the applications enabled by database management technology and to render related services. Over its 12-year history, it was known for its acquisition of other companies, having bought more than 50 companies between 1994 and 1999 and growing to become the eighth largest global software company with revenue of a billion dollars per year. Acquisitions included Altai, Inc. (1995), AutoSystems Corporation, Brownstone Solutions, ICON Computing, Intervista Software, Software Interfaces,

Locus Computing Corporation Locus Computing Corporation was formed in 1982 by Gerald J. Popek, Charles S. Kline and Gregory I. Thiel to commercialize the technologies developed for the LOCUS distributed operating system at UCLA. Locus was notable for commercializing si ...

, LBMS (1998),

Logic Works Logic Works Inc. was a software company created by CEO Benjamin C. Cohen based in Princeton, New Jersey. Their flagship product was an IDEF1X modeling and database design tool called ER''win'' (ERwin) whose name is formed from an initialism of ...

(1998), Protosoft, RELTECH Group, Memco Software, Softool, SQL TOOLS, Inc., Trinzic, Viatech and VREAM (1996)."PLATINUM TECHNOLOGY, INC. FORM S-1"
, November 12, 1997. Retrieved 2014-11-30. The company was a member of the

UML Partners UML Partners was a consortium of system integrators and vendors convened in 1996 to specify the Unified Modeling Language (UML). Initially the consortium was led by Grady Booch, Ivar Jacobson, and James Rumbaugh of Rational Software. The UML Partne ...

consortium.

Acquisition by Computer Associates

In March 1999, Platinum was itself acquired by

Computer Associates CA Technologies, formerly known as CA, Inc. and Computer Associates International, Inc., is an American multinational corporation headquartered in New York City. It is primarily known for its business-to-business (B2B) software with a product po ...

(CA) for 3.5 billion U.S. dollars, at that time the largest transaction in the history of the software industry. CA offered $29.25 per share, almost a three-to-one premium over Platinum's stock price of $9.875.

Transition

In 2001, CA was sued by the

United States Department of Justice The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the United States government tasked with the enforcement of federal law and administration of justice in the United Stat ...

(DOJ), alleging that the two companies prematurely reduced competition between each other. The DOJ claimed that this was achieved by agreeing to limit discounts offered to customers before the deal was completed.

Acquisitions

Protosoft

In November 1995, Protosoft was acquired by Platinum Technology for 40 million U.S. dollars. Protosoft was founded by Dr. Anthony Lekkos and Erick Rivas in 1990 to develop and market Paradigm Plus, an object-oriented analysis and design (

OOAD Object-oriented analysis and design (OOAD) is a technical approach for analyzing and designing an application, system, or business by applying object-oriented programming, as well as using visual modeling throughout the software development proces ...

) modeling product and associated code generation and reverse engineering tools.

Memco Software

In September 1998, Platinum Technology acquired Israeli company Memco Software (Nasdaq: MEMCF). The acquisition was accounted for as a stock-for-stock pooling of interests valued at just more than $400 million. The combined offering of both companies was aimed at providing a complete software security solution for protecting enterprise networks, databases, and systems across multiple platforms. With this merger; Platinum was hoping to become a major security software provider in areas such as access control, single sign-on, user and database security administration, authentication, intrusion detection, secure communications, and policy audit. Memco Software was founded in 1990 in

Tel Aviv Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the ...

, Israel; in 1996 it had an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

on NASDAQ, raising $50 million. Following the acquisition of Platinum by Computer Associates, Memco Software became the basis for CA’s research and development center in Israel.

References

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External links

Press release following acquisition
Defunct software companies of the United States Software companies based in Illinois Companies based in DuPage County, Illinois Oakbrook Terrace, Illinois Software companies established in 1987 Software companies disestablished in 1999 Defunct companies based in Illinois CA Technologies 1999 mergers and acquisitions