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Acquisition Will Add AI-Driven, Unified, Shift-Left Continuous Testing to Perforce’s Growing Enterprise Application Quality Portfolio
MINNEAPOLIS, SEPT 30, 2021 – Perforce Software (“Perforce”), a supplier of options to enterprise groups requiring productiveness, visibility, and scale alongside the event lifecycle, backed by Clearlake Capital Group, L.P. (along with its associates, “Clearlake”) and Francisco Partners, introduced at the moment that it has agreed to amass the BlazeMeter Continuous Testing (“BlazeMeter CT”) platform from Broadcom Inc. (NASDAQ: AVGO). Financial phrases weren’t disclosed.
This acquisition builds on Perforce’s rising software high quality portfolio, comprised of the industry-standard net and cell testing platform, Perfecto, and static software safety testing merchandise (Klocwork and QAC).
“The addition of BlazeMeter CT reinforces our focus on the application quality market,” stated Mark Ties, CEO and President, Perforce. “With Perfecto, our presence in SAST, and now BlazeMeter, Perforce can continue solving the most difficult quality challenges in DevOps for our global customer base. We look forward to working with the talented BlazeMeter team to increase the speed and accuracy of testing, so our customers can deliver innovation faster and with more confidence.”
BlazeMeter CT is an entire, built-in, steady testing platform constructed on and totally appropriate with open supply. Used by among the largest world enterprises, BlazeMeter CT supplies a single resolution for software high quality for all groups throughout the CI/CD pipeline. The SaaS-based platform is a Gartner Peer Insights Customers’ Choice for Software Test Automation.
BlazeMeter CT is constructed on BlazeMeter, a most well-liked resolution for load and efficiency testing, and contains extra, unified performance together with API testing and monitoring in a single unified platform which permits organizations to hurry digital transformation, by shifting testing left, and proper.
“We have long admired BlazeMeter CT and believe its developer-oriented and open-source SaaS platform sets it apart from other continuous testing providers,” stated Paul Huber, Principal at Clearlake, and Evan Daar, Principal at Francisco Partners, in a joint assertion. “The addition of BlazeMeter CT further enhances the capabilities Perforce can offer to its valued customers and we look forward to leveraging this opportunity to drive accelerated growth for the platform.”
“This is a great opportunity for BlazeMeter to join forces with Perforce, where it will benefit tremendously from the widespread community support and broad open-source development partner ecosystem that Perforce is known for,” stated Serge Lucio, vp and common supervisor, Enterprise Software Division, Broadcom. “We are proud of the accomplishments this team has made in building this exceptional product and expect this transition to help BlazeMeter and its customers flourish and grow in the broader market. Combined with Perforce strengths in mobile testing, its focus on the DevOps ecosystem, and its broad portfolio of developer and tester focused solutions, we believe BlazeMeter will be in an ideal position to further execute on its vision.”
“Customer engagement has gone almost completely digital requiring organizations to deliver stellar customer experiences to remain competitive,” stated Tim Russell, Chief Product Officer, Perforce. “The addition of the BlazeMeter Continuous Testing platform expands our solution enabling organizations to accelerate the delivery of quality experiences.”
Completion of the acquisition is topic to customary closing circumstances, and the transaction is predicted to shut in October 2021.
To study extra in regards to the BlazeMeter Continuous Testing Platform go to www.BlazeMeter.com.
About Perforce
Perforce powers innovation at unmatched scale. Perforce options future-proof aggressive benefit by driving high quality, safety, compliance, collaboration, and velocity – throughout the expertise lifecycle. We deliver deep area and vertical experience to each buyer, so nothing stands in the way in which of success. Privately held and funded by Clearlake Capital and Francisco Partners, our world footprint spans greater than 80 nations and contains over 75% of the Fortune 100. Perforce is trusted by the world’s main manufacturers to ship options to even the hardest challenges. Accelerate expertise supply, with no shortcuts. Get the Power of Perforce.
About Clearlake Capital
Founded in 2006, Clearlake Capital Group, L.P. is an funding agency, working built-in companies throughout personal fairness, credit score and different associated methods. With a sector-focused method, the agency seeks to accomplice with world class administration groups by offering affected person, long run capital to dynamic companies that may profit from Clearlake’s operational enchancment method, O.P.S.® The agency’s core goal sectors are industrials, client, expertise. Clearlake at the moment has over $43 billion of belongings beneath administration, and its senior funding principals have led or co-led over 300 investments. The agency has workplaces in Santa Monica and Dallas. More data is accessible at www.clearlake.com and on Twitter @ClearlakeCap.
About Francisco Partners
Francisco Partners is a number one world funding agency that makes a speciality of partnering with expertise and technology-enabled companies. Since its launch over 20 years in the past, Francisco Partners has invested in additional than 300 expertise firms, making it one of the energetic and longstanding traders within the expertise {industry}. With greater than $25 billion in belongings beneath administration, the agency invests in alternatives the place its deep sectoral data and operational experience will help firms notice their full potential. For extra data on Francisco Partners, please go to www.franciscopartners.com.
About Broadcom
Broadcom Inc. (NASDAQ: AVGO) is a worldwide expertise chief that designs, develops and provides a broad vary of semiconductor and infrastructure software program options. Broadcom’s category-leading product portfolio serves vital markets together with information heart, networking, enterprise software program, broadband, wi-fi, storage and industrial. Our options embody information heart networking and storage, enterprise, mainframe and cyber safety software program targeted on automation, monitoring and safety, smartphone parts, telecoms and manufacturing unit automation. For extra data, go to https://www.broadcom.com.
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Media Contacts
PERFORCE U.S.
Grace Bonacum
PAN Communications
Ph: +1 617 502 4300
[email protected]
PERFORCE UK/EMEA
Maxine Ambrose
Ambrose Communications
Ph: +44 118 328 0180
[email protected]
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