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CA Technologies (CA) to Acquire Automic Holding GmbH for EUR600M

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CA Technologies Announces Intent to Acquire Automic

December 1, 2016 9:00 AM EST

Acquisition to Provide Cloud-Enabled, End-to-End Automation and Orchestration Platform for Applications and Business Processes

NEW YORK--(BUSINESS WIRE)-- CA Technologies (NASDAQ: CA) today announced it has signed a definitive agreement to acquire 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 CAs fiscal 2017. Headquartered in Vienna, Austria, Automic... More