Covisint

{{Short description|American information technology company}}

{{Infobox company

| name = Covisint

| logo = Covisint logo.svg

| type = Subsidiary

| traded_as = {{NASDAQ was|COVS}}

| foundation = {{start date and age|2000}}

| location = Southfield, Michigan, U.S.

| key_people = Sam Inman (CEO)

| industry = Information Technology

| num_employees = 180+ (2015)

| parent = OpenText

| homepage = {{url|http://www.covisint.com}}

}}

Covisint was an American information technology company that was purchased by OpenText, a Canadian company for US$103 million in July, 2017.{{Cite news|url=https://www.therecord.com/news-story/7356536-opentext-buys-cloud-computing-firm-for-us-103-million/|title=OpenText buys cloud computing firm for US$103 million {{!}} TheRecord.com|last=Pender|first=Terry|date=2017-06-06|work=TheRecord.com|access-date=2017-10-27|language=en-CA}}[http://www.opentext.com/who-we-are/press-releases?id=933BDC4D0BD2479982A2C4AFBFF7B615 OpenText Buys Covisint] The [https://www.opentext.com/products-and-solutions/products/business-network OpenText Business Network] mission is "Integrate, manage and securely exchange data across people, systems and things to gain an information advantage".

The roots of Covisint were in a program funded by General Motors to simplify supply chain led by Phil Abraham.{{Cite news|last=Sinclair|first=Norm|date=2016-11-28|title=From the Rafters to the Cloud|url=https://www.dbusiness.com/business-features/from-the-rafters-to-the-cloud/|access-date=2021-06-24|website=DBusiness Magazine|language=en-US}} General Motors was joined by Ford, and DaimlerChrysler{{Cite web|title=Automotive Portals - Covisint|url=https://portal.covisint.com/web/103853/2|access-date=2021-06-24|website=portal.covisint.com}} to create a single B2B Supplier Exchange in 2000. They were also joined by Nissan, Renault and Peugeot as participants.{{Cite web|last=Copeland|first=Lee|date=2001-12-17|title=Covisint's Stalled Start|url=https://www.computerworld.com/article/2586638/covisint-s-stalled-start.html|access-date=2021-06-24|website=Computerworld|language=en}} In February 2004, Compuware Corporation acquired Covisint.{{Cite web |url=http://www.networkworld.com/news/2004/0205covisint.html |title=Compuware to acquire Covisint B2B exchange |access-date=2013-06-26 |archive-url=https://web.archive.org/web/20140202095412/http://www.networkworld.com/news/2004/0205covisint.html |archive-date=2014-02-02 |url-status=dead }} Compuware completed a spin-off of Covisint on October 31, 2014. Covisint was fully independent of Compuware until its purchase by OpenText.{{Cite web |url=http://investors.covisint.com/releasedetail.cfm?releaseid=879859 |title=Covisint Spin-Off From Compuware Completed |access-date=2015-06-17 |archive-url=https://web.archive.org/web/20150618065208/http://investors.covisint.com/releasedetail.cfm?releaseid=879859 |archive-date=2015-06-18 |url-status=dead }}

Initially focused in the automotive industry, they have expanded into the healthcare, oil and gas, government, and financial services.{{citation needed|date=July 2013}} Covisint has offices in Southfield, San Francisco, Shanghai, Coventry and Frankfurt.