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Nimsoft to be acquired by CA for $350 Million
By   |   Thursday, 11 March 2010, 03:00 Hrs   |    1 Comments
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Nimsoft to be acquired by CA for $350 Million
Bangalore: CA on Wednesday said that it will acquire Nimsoft, which makes availability monitoring software, for $350 million. The all-cash deal gives CA an entry into what it calls 'emerging enterprises,' companies with revenue between $300 million to $2 billion. CA is looking to add new customers to its base of large enterprises, reports ZDNet.

In a statement, CA also said that it will use its international presence to expand Nimsoft's footprint abroad. Nimsoft's flagship product is Unified Monitoring, which keeps tab on performance and availability of business applications. Nimsoft's tools work with Google Apps, RackSpace, Salesforce and Amazon Web Services. CA of late has made a big play for cloud computing companies with acquisitions of Cassatt, NetQoS, Oblicore and 3Tera.

For Nimsoft, the CA deal was about resources. In a blog post, Nimsoft CEO Gary Read said, "In the last couple of years, as cloud computing has become the architecture of tomorrow, Nimsoft has continued to innovate and now finds itself in an enviable position of pioneering new management platforms to deal with the new methods of delivering IT services. Cloud is driving disruptive change to many areas of IT and will drive disruptive change to IT management. Nimsoft will be helping drive the change, not being dragged along by it."

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Reader's comments(1)
1: Seems CA is growing aggressively in acquiring deals
Posted by:ravi - 11 Mar, 2010
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