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Rational Software  Acquired by IBM (2002 $ 2,100,000,000)

18880 Homestead Road
Cupertino, CA 95014
Website Company Summary Management Team

Outside board: (May no longer be on the board) James Campbell (Management Partners International);  Dan Case (Hambrecht & Quist CEO);  Les Denard (Network General CEO);  John Montague (Lockheed VP);  Allison Schleicher (IBM)

Business description: Rational Software provides a software development platform that improves the speed, quality, and predictability of software projects. This integrated, full lifecycle solution combines software engineering best practices, market-leading tools, and professional services. Ninety-eight of the Fortune 100 rely on Rational Software tools and services to build better software, faster. This open platform is extended by partners who provide more than 500 complementary products and services.
Customers include: Cadence Design SystemsCisco SystemsHPOraclePeopleSoft
Partners include: DECMicrosoftOracleSun Microsystems;  Gupta;  Price Waterhouse

Ownership: Acquired by IBM (2002 $ 2,100,000,000)
VCs include: Labrador Ventures
Corporate investors: IBMCompaq;  Lookheed

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Sector: Software
Year Founded: 1981
Headcount: 3001-4000 as of May 2002
Ownership: Acquired by IBM (2002 $ 2,100,000,000)