Computer Associates (CA) has signed a definitive agreement to acquire Wily Technology, a provider of enterprise application management software.
The deal, for $375m in cash, is expected to be completed within three months pending regulatory approval. CA revealed it expects to retain most of Wily’s 260 employees and is planning to release product integration roadmaps about 30 days after the close of the acquisition.
John Swainson, chief executive of CA said: “Application management is key to enabling customers to manageIT environments from end-to-end and delivering on CA’s enterprise IT management vision. Wily is the leader in this sector and the fastest growing major company in a fast growing market.
“With this acquisition, CA will be the only company to address the management of applications, IT assets and users across all hardware and software, from the mainframe to the distributed environment.”
Dick Williams, chief executive of Wily Technology said: “With CA, we can reach more organisations than ever before with our technology, expert people and best practices. By accelerating our development and integrating our technology with CA’s solutions, we will be able to deliver a scope of management products unmatches by anyone else.”
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