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CA Completes Nimsoft Acquisition
Mar 17, 2010 (04:03 PM EDT)
ISLANDIA, N.Y., March 17 /PRNewswire-FirstCall/ --
CA, Inc. (Nasdaq: CA) today announced it has completed its acquisition of privately-held Nimsoft, Inc.—a leading provider of IT performance and availability monitoring solutions for emerging enterprises and Managed Service Providers (MSPs)—for $350 million in an all-cash transaction.
The acquisition significantly extends CA's ability to meet the unique IT management needs of emerging enterprises and MSPs, both of which are playing leading roles in the growth of cloud computing. Nimsoft's technology and go-to-market approach also will leverage CA's presence in growing international markets—where the Company expects cloud computing and hosted/managed services to play a central role in business development.
"We believe that the acquisition of Nimsoft by CA will result in enhanced monitoring solutions in the area of hosted/managed services," said Kevin Crowe, Director of Managed Services of Long View Systems. "Nimsoft technology, combined with CA's commitment to cloud computing, will provide us with a robust solution that will allow us to create more value for our clients and will enable us to continue to evolve and innovate as an MSP."
The acquisition also will extend CA's leadership position in the Service Assurance market segment, offering one of the most comprehensive suites of IT monitoring and management solutions in the industry.
Nimsoft will operate as a standalone business unit within CA's Cloud Products & Solutions Business Line.
For additional information, please visit http://www.ca.com/nimsoft.
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CA (NASDAQ: CA), the world's leading independent IT management software company, helps customers optimize IT for better business results. CA's Enterprise IT Management solutions for mainframe and distributed computing enable Lean IT—empowering organizations to more effectively govern, manage and secure their IT operations. For more information, visit www.ca.com.
Nimsoft is the first provider of Unified Monitoring™ solutions for virtualized datacenters, hosted and managed services, cloud platforms, and SaaS resources. The Nimsoft Unified Monitoring architecture eliminates the need to deploy a new monitoring solution for outsourced services, public or private clouds, or SaaS implementations. About 800 customers use Nimsoft Unified Monitoring solutions, including both mid-market and global organizations such as Amway Corporation, Barclays Capital, Casual Male, European Medicines Agency (EMEA), Ladbrokes, TriNet, and hundreds of leading hosting, Cloud and Managed Service Providers such as 1&1, CDW, Hitachi, and Rackspace. For more information, visit www.nimsoft.com or to see Nimsoft Unified Monitoring in action, visit the Nimsoft public portal at www.unifiedmonitoring.com.
Copyright © 2010 CA. All Rights Reserved. One CA Plaza, Islandia, N.Y. 11749. Nimsoft and Nimsoft Unified Monitoring are trademarks or registered trademarks of Nimsoft Inc. All other trademarks, trade names, service marks and logos referenced herein belong to their respective companies. CA does not provide legal advice. No software product referenced herein serves as a substitute for your compliance with any laws (including but not limited to any act, statute, regulation, rule, directive, standard, policy, administrative order, executive order, and so on (collectively, "Laws")) referenced herein or any contract obligations with any third parties. You should consult with competent legal counsel regarding any such Laws or contract obligations.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements in this communication (such as statements containing the words "believes," "plans," "anticipates," "expects," "estimates" and similar expressions) constitute "forward-looking statements" that are based upon the beliefs of, and assumptions made by, the Company's management, as well as information currently available to management. These forward-looking statements reflect the Company's current views with respect to future events and are subject to certain risks, uncertainties, and assumptions. A number of important factors could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: global economic factors or political events beyond the Company's control; general economic conditions, including concerns regarding a global recession and credit constraints, or unfavorable economic conditions in a particular region, industry or business sector; impact of revenue recognition accounting policies on operating results; failure to expand channel partner programs; ability to adequately manage and evolve financial reporting and managerial systems and processes; ability to successfully integrate acquired companies and products into existing businesses; competition in product and service offerings and pricing; ability to retain and attract qualified key personnel; rapid technological and market changes; dependence on third party operating systems and software; use of software from open source code sources; discovery of errors in the Company's software and potential product liability claims; significant amounts of debt and possible future credit rating changes; the failure to protect the Company's intellectual property rights and source code; the timing of orders from customers and channel partners; reliance upon large transactions with customers; sales to government customers; breaches of the Company's software products and the Company's and customers' data centers and IT environments; lack of market growth in key product areas; use of third party microcode; third party claims of intellectual property infringement or royalty payments; fluctuations in foreign currencies; failure to successfully execute restructuring plans and related sales model changes; successful outsourcing of various functions to third parties; potential tax liabilities; and these factors and the other factors described more fully in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.