CA To Acquire Nimsoft

CA Inc has announced that it has signed a definitive agreement to acquire privately-held Nimsoft, Inc, a provider of IT performance and availability monitoring solutions for emerging enterprises and Managed Service Providers (MSPs)—in an all-cash transaction valued at $350 million.

Nimsoft’s technology and go-to-market approach will leverage CA’s presence in growing international markets—where the Company expects cloud computing and hosted/managed services to play a central role in business development.

“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,” said Chris O’Malley, Executive Vice President- Cloud Products and Solutions Business Line, CA. “Penetration of these markets will further expand our global leadership in IT management and complement our existing strength with large enterprise customers.”

“CA and Nimsoft are a perfect match,” said Gary Read, Nimsoft President and CEO, who will be joining CA. “We are joining a company that wrote the book on enterprise management. We’re bringing a very strong track record of success in the hosted and managed services segment and with mid-market enterprises. CA clearly shares our commitment to address customers’ evolving requirements for the management of their IT systems, including their move to virtualisation and the cloud.”

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Nimsoft’s operations will report under CA’s Cloud Products and Solutions Business Line. It is anticipated that the majority of Nimsoft’s approximately 120 employees will remain with CA after the completion of the transaction, which is expected to close by the end of CA’s fourth fiscal quarter, ending March 31, 2010.