CA Technologies is set to sell its CA arcserve data protection business, a backup and recovery software solution, to Marlin Equity Partners for an undisclosed sum.
CA will recognize all arcserve business activity as discontinued operations.
Jacob Lamm, executive vice president, Strategy and Corporate Development, CA Technologies, said: “CA continues to sharpen its focus and actively manage its portfolio, divesting non-core assets and making investments in areas of core capability. This transaction also further refines our global partner strategy as we continue to build CA for growth.”
The backup and recovery software solution, which helps companies ensure the availability of systems, applications and data, is designed for ease of use and mixed IT environments, with a unified architecture that makes protecting physical, virtual and cloud systems simple and effective.