CA Technologies acquires IT automation co. Automic

CA Technologies has acquired business process and IT automation software, Automic Holding GmbH. The transaction is valued at approximately 600 million euros.

The addition of Automic adds new cloud-enabled automation and orchestration capabilities across CA’s portfolio and increases its global reach.

Automic’s European presence, coupled with CA’s broad portfolio, offers customers a comprehensive solution that complements existing technology investments and addresses the challenges of automation across the enterprise.

With the completion of the transaction, Todd DeLaughter, Automic’s Chief Executive Officer, becomes a general manager reporting into CA’s Chief Product Officer Ayman Sayed. The Automic organization and leadership team will continue to report directly to DeLaughter.