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Home > Company Index > Computer Software & Services > Corporate, Professional & Financial Software > Remedy Corporation

Remedy Corporation
Nasdaq: RMDY
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 NEWS FROM THE WIRES
Peregrine products to be sold by IBM Global Services
Aug 01 2001 09:24 AM PDT

Remedy second-quarter income trails consensus
Jul 24 2001 02:18 PM PDT

U.S. Peregrine, Remedy get federal OK for merger
Jul 19 2001 12:07 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Home Depot Plans Push Into E-Business
Jun 29 2001 03:50 PM PDT

A Bad Case of Butterflies
Jun 11 2001 01:43 PM PDT

A Kingdom for a Catalyst
Jun 11 2001 09:47 AM PDT

Peregrine Systems Agrees to Acquire Rival Remedy
Jun 11 2001 05:15 AM PDT

Gig Tracker
Jan 08 2001 12:00 AM PST

 PROFILE
Remedy has got the cure for both ailing networks and railing customers. The company is a leading provider of help desk software for corporate networks. Remedy's products are used by companies to track and resolve support requests and technical problems in network and Web-based computing environments. The company has expanded its product breadth through acquisitions, tying in new customer relationship management tools (including sales force automation, quality assurance, sales lead management, and Web personalization) to complement its flagship help desk software. The US accounts for about two-thirds of sales. Remedy has agreed to be acquired by rival Peregrine Systems.

 COMPETITION
PeopleSoft, Inc. (PSFT)
Peregrine Systems, Inc. (PRGN)
Siebel Systems, Inc. (SEBL)

 DEALS
Deal: Peregrine Systems Acquires Remedy
Date Announced: 06.11.01
Value of transaction (US $Mil): 1090
Description: Software development company acquires IT services provider in a stock and cash transaction valued at $1.09 billion.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 288.50
1-Yr. Sales Growth: 26.0%
Employees: 1,314
Revenue per employee: $219,558.60

 KEY PEOPLE
• Lawrence L. Garlick
    CEO
• Ron J. Fior
    CFO

 CONTACT INFO
1505 Salado Dr.
Mountain View, CA 94043
US
Phone: 650-903-5200
Fax: 650-903-9001
Online: Web Site

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