Seapine Software, a provider of application lifecycle management or ALM solutions, has been acquired by Perforce Software, a provider of version control and source code management.
Seapine sells software development tools targeted for quality-critical industries, such as life sciences, health care, financial services, utilities, game development and embedded systems, according to the company and the city.
Founded in 1995, it has more than 100 employees and locations at its headquarters in Mason, as well as England, Austrialia and Germany, with more than 8,500 customers worldwide, according to the company’s website.
Seapine has around 50 employees based in Mason and Perforce has around 200 employees across its offices, bringing the combined total to more than 250 employees, according to Perforce CEO Janet Dryer.
Because the sale is so recent, details for the Mason office aren’t yet available, “but there is room for expansion in that facility, and we will have a lot of opportunity for local talent,” Dryer told told this news outlet.
“Perforce plans to reach out to local tech talent, including all of the great universities in that area, as we continue to invest in and grow our office there,” she said.
The acquisition expands the Perforce portfolio of developer and designer tools beyond enterprise class version management and code review, and provides customers with additional capabilities across the development pipeline, according to the company, which has offices in Minnesota, California, the United Kingdom and Australia. Seapine’s ALM solution accelerates development and delivery cycles through more efficient management of the product development process.
“The Seapine suite of products strongly complements the Perforce portfolio and both companies address many of the same enterprise product development needs including traceability, auditability, and predictability of the development process for high value assets,” Dryer said. “The depth and experience the Seapine team has in ALM and building efficiency and quality into the development pipeline is a welcome addition to the Perforce team.”
Seapine’s ALM solutions help companies manage the process of developing high-quality complex products—often in regulated industries, such as life sciences, automotive and financial services.
Seapine’s solution consists of scalable team-based tools for superior requirements management, issue tracking, software configuration management, automated software testing, load testing, and test case management. When used together, these tools provide end-to-end traceability of artifacts, resulting in increased product quality and development predictability.
“We found the technology, teams, and application development expertise at these two companies to be a great fit,” Seapine Software Rick Riccetti said in a release. “Our leadership team is excited about the opportunity to expand the capabilities and the reach of the Seapine portfolio with the resources and support of an organization like Perforce.”