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Platinum Technology
Platinum Technology Inc. was founded by Andrew Filipowski in 1987 to market and support deployment of database 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, Locus Computing Corporation, LBMS (1998), Logic Works (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 consortium. == Acquisition by Computer Associates == In March 1999, Platinum was itself acquired by Computer Associates (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.
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