CA Technologies to strengthen automation platform business with Austria’s Automic purchase

NEW DELHI: Taking a strategic move, NASDAQ-listed software giant CA Technologies has announced that it has signed a definitive agreement to acquire Austria’s Automic Holding GmbH, a leader in business automation software that drives competitive advantage by automating IT and business processes.

The transaction, valued at approximately 600 million euros, net of cash and cash equivalents acquired, has been unanimously approved by both Boards of Directors, and is expected to close in the fourth quarter of CA’s fiscal 2017. Headquartered in Vienna, Austria, Automic has approximately 600 employees across Europe, North America and Asia.

With Automic, CA will add new cloud-enabled automation and orchestration capabilities across the portfolio and increase its reach into the European market. Automic’s European presence coupled with CA’s worldwide expertise and broad portfolio, offers customers a global solution that complements their existing technology investments to address the challenges of automation across the enterprise.

CA will add Automic’s automation and orchestration capabilities to its portfolio to give customers options that address their IT operations and DevOps needs on-premise, in the cloud and hybrid cloud environments. With real-time analytics incorporated into the end-to-end platform approach, customers will benefit from increased business agility with solutions that move from IT-centric task automation to business-centric intelligent automation and orchestration.