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10 June 2010 ,
Written by Dhruv Tanwar
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Autonomy Corporation plans to acquire CA Technologies Information Governance business, in a bit to strengthen its position in meaning-based governance. Terms of the sale were not disclosed.
The asset acquisition includes CA Records Manager, which has a strong market position in federated and physical records management. It also includes CA Message Manager, which captures and manages all messages according to corporate and regulatory requirements. Additionally, CA Technologies Information Governance employees will join Autonomy to continue to provide world-class sales, support and products to existing and new customers.
Autonomy said that the transaction is not expected to have a material impact on its 2010 prospects, results or cash flows. CA Technologies too does not foresee a material impact on its fiscal year 2011 results. The transaction is expected to close in early Q3 2010. |