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Perforce to Purchase BlazeMeter Steady Testing Platform From Broadcom

Acquisition Will Add AI-Pushed, Unified, Shift-Left Steady Testing to Perforce’s Rising Enterprise Utility High quality Portfolio

MINNEAPOLIS, SEPT 30, 2021 – Perforce Software program (“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 Companions, introduced immediately that it has agreed to amass the BlazeMeter Steady Testing (“BlazeMeter CT”) platform from Broadcom Inc. (NASDAQ: AVGO). Monetary phrases weren’t disclosed.

This acquisition builds on Perforce’s rising software high quality portfolio, comprised of the industry-standard internet and cellular testing platform, Perfecto, and static software safety testing merchandise (Klocwork and QAC).

“The addition of BlazeMeter CT reinforces our concentrate on the appliance high quality market,” stated Mark Ties, CEO and President, Perforce. “With Perfecto, our presence in SAST, and now BlazeMeter, Perforce can proceed fixing essentially the most troublesome high quality challenges in DevOps for our world buyer base. We sit up for working with the proficient BlazeMeter crew to extend the pace and accuracy of testing, so our clients can ship innovation quicker and with extra confidence.”

BlazeMeter CT is an entire, built-in, steady testing platform constructed on and totally suitable with open supply. Utilized by a few of the largest world enterprises, BlazeMeter CT offers a single answer for software high quality for all groups throughout the CI/CD pipeline. The SaaS-based platform is a Gartner Peer Insights Clients’ Selection for Software program Check Automation.

BlazeMeter CT is constructed on BlazeMeter, a most well-liked answer for load and efficiency testing, and consists of further, 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 now have lengthy admired BlazeMeter CT and consider its developer-oriented and open-source SaaS platform units it aside from different steady testing suppliers,” stated Paul Huber, Principal at Clearlake, and Evan Daar, Principal at Francisco Companions, in a joint assertion. “The addition of BlazeMeter CT additional enhances the capabilities Perforce can provide to its valued clients and we sit up for leveraging this chance to drive accelerated development for the platform.”

“It is a nice alternative for BlazeMeter to hitch forces with Perforce, the place it’ll profit tremendously from the widespread group help and broad open-source growth associate ecosystem that Perforce is understood for,” stated Serge Lucio, vp and normal supervisor, Enterprise Software program Division, Broadcom. “We’re pleased with the accomplishments this crew has made in constructing this distinctive product and count on this transition to assist BlazeMeter and its clients flourish and develop within the broader market. Mixed with Perforce strengths in cellular testing, its concentrate on the DevOps ecosystem, and its broad portfolio of developer and tester targeted options, we consider BlazeMeter might be in an excellent place to additional execute on its imaginative and prescient.”

“Buyer engagement has gone virtually fully digital requiring organizations to ship stellar buyer experiences to stay aggressive,” stated Tim Russell, Chief Product Officer, Perforce. “The addition of the BlazeMeter Steady Testing platform expands our answer enabling organizations to speed up the supply of high quality experiences.”

Completion of the acquisition is topic to customary closing situations, and the transaction is anticipated to shut in October 2021.

To study extra concerning the BlazeMeter Steady Testing Platform go to www.BlazeMeter.com.

About Perforce
Perforce powers innovation at unequalled scale. Perforce options future-proof aggressive benefit by driving high quality, safety, compliance, collaboration, and pace – throughout the know-how 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 Companions, our world footprint spans greater than 80 nations and consists of over 75% of the Fortune 100. Perforce is trusted by the world’s main manufacturers to ship options to even the hardest challenges. Speed up know-how supply, with no shortcuts. Get the Energy of Perforce.

About Clearlake Capital
Based in 2006, Clearlake Capital Group, L.P. is an funding agency, working built-in companies throughout non-public fairness, credit score and different associated methods. With a sector-focused method, the agency seeks to associate 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, shopper, know-how. Clearlake at the moment has over $43 billion of property beneath administration, and its senior funding principals have led or co-led over 300 investments. The agency has places of work in Santa Monica and Dallas. Extra info is out there at www.clearlake.com and on Twitter @ClearlakeCap.

About Francisco Companions
Francisco Companions is a number one world funding agency that makes a speciality of partnering with know-how and technology-enabled companies. Since its launch over 20 years in the past, Francisco Companions has invested in additional than 300 know-how firms, making it one of the vital lively and longstanding buyers within the know-how {industry}. With greater than $25 billion in property beneath administration, the agency invests in alternatives the place its deep sectoral information and operational experience will help firms notice their full potential. For extra info on Francisco Companions, please go to www.franciscopartners.com.

About Broadcom
Broadcom Inc. (NASDAQ: AVGO) is a world know-how chief that designs, develops and provides a broad vary of semiconductor and infrastructure software program options. Broadcom’s category-leading product portfolio serves important markets together with information middle, networking, enterprise software program, broadband, wi-fi, storage and industrial. Our options embody information middle networking and storage, enterprise, mainframe and cyber safety software program targeted on automation, monitoring and safety, smartphone elements, telecoms and manufacturing facility automation. For extra info, 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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