January 6, 2006 — (WEB HOST INDUSTRY REVIEW) — IT software management developer CA (ca.com) announced on Thursday that it had signed a definitive agreement to acquire enterprise application management software developer Wily for $375 million.
Wily provides IT managers with end-to-end transaction visibility, enabling them to manage their enterprise applications and infrastructure and measure the impact of application performance on business operations.
“Wily is the leader in this sector and the fastest growing major company in a fast growing market,” says John Swainson, president and CEO of CA. “With this acquisition, CA will be the only company to address the management of applications, IT assets and users across all hardware and software, from the mainframe to the distributed environment.”
CA says Wily will contribute approximately $72 million of revenue in fiscal year 2007.
Wily will operate as the Wily Technology division within CA’s Enterprise Systems Management business unit. Wily CEO Dick Williams will head the new unit. CA expects to retain the majority of Wily’s more than 260 employees.
Wily has over 450 installations with large enterprises and government organizations.
