CA Acquires Cloud Vendor Nimsoft for $350M
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CA's legacy has been in mainframe systems management, and it's sticking with the times and changing technology with its embrace of cloud computing services, particularly in the area of could management. In its latest acquisition, CA has nabbed an enterprise cloud management software company, Nimsoft. eCRM Guide has the details.
CA on Wednesday announced that it will acquire Nimsoft, a privately held developer of IT performance and availability monitoring software, for $350 million in cash.
Redwood City, Calif.-based Nimsoft's Unified Monitoring architecture helps enterprise customers deploy and monitor public and private clouds as well as Software-as-a-Service (SaaS) implementations.
"With our planned acquisition of Nimsoft, CA will be equipped to capture several important growth market segments, including emerging enterprises, emerging national economies and the MSPs who are providing these customers with IT management services via the cloud," Chris O'Malley, CA's (NASDAQ: CA) executive vice president of cloud products and solutions, said in a statement.
"Penetration of these markets will further expand our global leadership in IT management and complement our existing strength with large enterprise customers," he added.