CA Technologies Acquires Leading IT Consulting Firm, Base Technologies
Acquisition to Further Accelerate CA Technologies Growing U.S. Public Sector Business
ISLANDIA, N.Y., April 6, 2011 /PRNewswire/ -- CA Technologies (NASDAQ: CA) today announced the acquisition of Base Technologies, a privately-held consulting firm focused on the management of government IT assets, with leading practices in virtualization management, mainframe technology, security and managed IT infrastructure. Terms of the transaction were not disclosed.
"The acquisition of Base Technologies further expands our role as a strategic partner and advisor to U.S. Public Sector customers on all computing environments and platforms," said Adam Elster , general manager, CA Services, CA Technologies. "CA Technologies and Base Technologies will provide customers with both deep industry and technical expertise as well as leading management and security products and services for the cloud and virtualization. Together, we will help government customers identify the most efficient use of their investments, manage their large-scale programs more effectively, and determine the best use of virtualization and cloud computing."
The Base Technologies acquisition increases the technical capabilities of CA Services and further strengthens CA Technologies and its alliance partners' ability to execute on all stages of the Federal buying cycle. This allows CA Technologies to better take advantage of a growing $86 billion market for software and IT services (Source: INPUT's Federal IT Services Industry Outlook, 2010-2015, January 2011).
"The requirements of our U.S. Public Sector customers and system integrator partners are increasingly complex across all IT environments," said Rob Davies , Base Technologies CEO. "We are thrilled to join forces with CA Technologies to help government customers gain more value from their IT investment as they work to achieve the business agility, cost savings and risk reduction of a cloud-connected enterprise."
Base Technologies brings to CA Technologies 23 years of experience in the U.S. Public Sector, along with a track record of success with customers such as the Department of Defense, Department of Homeland Security, National Institutes of Health, Federal Aviation Administration, and Commuter Connections, among others.
For additional information, visit www.ca.com/BaseTechnologies.
About CA Technologies
CA Technologies (NASDAQ: CA) is an IT management software and solutions company with expertise across all IT environments – from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies innovative products and services provide the insight and control essential for IT organizations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at www.ca.com.
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Certain statements in this communication (such as statements containing the words "believes," "plans," "anticipates," "expects," "estimates" and similar expressions) constitute "forward-looking statements" that are based upon the beliefs of, and assumptions made by, the Company's management, as well as information currently available to management. These forward-looking statements reflect the Company's current views with respect to future events and are subject to certain risks, uncertainties, and assumptions. A number of important factors could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: the ability to achieve success in the Company's strategy by, among other things, increasing sales in new and emerging enterprises and markets, enabling the sales force to sell new products and Software-as-a-Service offerings and improving the Company's brand in the marketplace; global economic factors or political events beyond the Company's control; general economic conditions, including concerns regarding a global recession and credit constraints, or unfavorable economic conditions in a particular region, industry or business sector; failure to expand channel partner programs; the ability to adequately manage and evolve financial reporting and managerial systems and processes; the ability to successfully acquire technology and software that are consistent with our strategy and integrate acquired companies and products into existing businesses; competition in product and service offerings and pricing; the ability to retain and attract qualified key personnel; the ability to adapt to rapid technological and market changes; the ability of the Company's products to remain compatible with ever-changing operating environments; access to software licensed from third parties, third-party code and specifications for the development of code; use of software from open source code sources; discovery of errors in the Company's software and potential product liability claims; significant amounts of debt and possible future credit rating changes; the failure to protect the Company's intellectual property rights and source code; fluctuations in the number, terms and duration of our license agreements as well as the timing of orders from customers and channel partners; reliance upon large transactions with customers; risks associated with sales to government customers; breaches of the Company's software products and the Company's and customers' data centers and IT environments; access to third-party microcode; third-party claims of intellectual property infringement or royalty payments; fluctuations in foreign currencies; failure to successfully execute restructuring plans; successful outsourcing of various functions to third parties; potential tax liabilities; and these factors and the other factors described more fully in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
Copyright © 2011 CA. All Rights Reserved. One CA Plaza, Islandia, N.Y. 11749. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
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