NEW YORK--(BUSINESS WIRE)--
CA Technologies (NASDAQ:CA) today announced it has completed the
acquisition of Veracode, a leader in securing web, mobile and
third-party applications across the software development lifecycle. The
acquisition establishes CA Technologies as a leader in the Secure DevOps
market, bridges its Security business with its broad DevOps portfolio
and adds to its growing SaaS business.
With the completion of the transaction, Bob Brennan, former chief
executive officer, is now general manager of the Veracode business in
the company's product development organization reporting to Ayman Sayed,
CA president and chief product officer.
Under the terms of the agreement, the transaction is valued at
approximately $614 million in cash.
CA will provide detail regarding the acquisition's impact to guidance
when it reports fourth quarter earnings in May.
About CA Technologies
CA Technologies (NASDAQ:CA) creates software that fuels transformation
for companies and enables them to seize the opportunities of the
application economy. Software is at the heart of every business in every
industry. From planning, to development, to management and security, CA
is working with companies worldwide to change the way we live, transact,
and communicate - across mobile, private and public cloud, distributed
and mainframe environments. Learn more at www.ca.com.
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Rita O'Brien, +1 631-342-6687
Vice President, Investor Relations
Source: CA Technologies
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