CA Technologies completes Automic acquisition

CA Technologies has completed the acquisition of Automic Holding GmbH, a leader in business process and IT automation software.  The close of this acquisition represents a significant milestone in CA’s strategy. The acquisition broadens CA’s solution set to better enable customers to drive digital transformation across their organizations to compete in today’s application economy.

  • 7 years ago Posted in
The addition of Automic adds new cloud-enabled automation and orchestration capabilities across CA’s portfolio and increases its global reach.  Automic’s European presence, coupled with CA’s broad portfolio, offers customers a comprehensive solution that complements existing technology investments and addresses the challenges of automation across the enterprise.
 
With the completion of the transaction, Todd DeLaughter, Automic’s Chief Executive Officer, becomes a general manager reporting into CA’s Chief Product Officer Ayman Sayed.  The Automic organization and leadership team will continue to report directly to DeLaughter.
 
Under the terms of the agreement, the transaction is valued at approximately 600 million euros, net of cash and cash equivalents acquired.
 
CA will provide financial detail regarding the acquisition’s impact to Fiscal 2017 guidance when it reports third quarter earnings on January 24, 2017.
 
Humans may do a lot less of the testing themselves in the future, but they will still have to peer...
JFrog has released the findings of an IDC survey indicating developers are spending significantly...
New research from Mendix finds that low-code tools are no longer simply a tactical solution for...
Global study of over 1,300 tech professionals uncovers opportunities for enhanced security training...
Global IT Business-to-Business (B2B) revenues, coming from data centers, IT services and devices,...
Confluent adds Table API support for Apache Flink® making it even easier for developers to use...
Although 85% of total respondents have integrated AI apps into tech stacks in the past year, most...
Redefining “impossible” legacy projects, 75% of software executives see up to a 50% reduction...