CA Technologies acquires IT automation co. Automic

|January 20, 2017 0

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.

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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.

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