CA Technologies Closes Automic Deal
January 20, 2017
CA Technologies has completed the acquisition of Automic Holding GmbH, a
provider of 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.
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.
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
CA will provide financial detail regarding the acquisition’s impact to
Fiscal 2017 guidance when it reports third quarter earnings on January
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