CA Technologies announced its deal to acquire Automic Holding, a provider of business automation software, for 600 million euros or $636 million.
The strategy of CA Technologies is to expand and strengthen its IT business presence to Europe.
Headquartered in Vienna, Austria, Automic has approximately 600 employees across Europe, North America and Asia.
Todd DeLaughter is the chief executive officer of Automic. Automic has offices in Vienna, Paris, Asia Pacific Japan (APJ), and Bellevue, Washington and serves customers in the energy, financial services, healthcare, manufacturing, retail and telecommunications sectors.
Through the acquisition of Automic, CA Technologies aims to deliver automation, scale work flows and business processes while reducing costs and improving accuracy. Intelligent automation will give insights to achieve more agility and realize business value for customers.
The acquisition of Automic will enable CA to add new cloud-enabled automation and orchestration capabilities.
Automic has a strong presence in European IT markets. On other hand, CA’s global solution complements their existing technology investments to address the challenges of automation across the enterprise.
CA will add Automic’s automation and orchestration capabilities to its portfolio to give customers options that address their IT operations and DevOps needs on-premise, in the cloud and hybrid cloud environments.
With real-time analytics incorporated into the platform approach, customers will benefit from increased business agility with solutions that move from IT-centric task automation to business-centric intelligent automation and orchestration.
“Businesses need the flexibility and agility to move workloads to the most appropriate locations across heterogeneous hybrid cloud environments, with continuous availability, to stay ahead of their competition,” said Ayman Sayed, president and chief product officer, CA Technologies.
