The all-cash deal valued at $350 million puts CA squarely into a new market for the vendor as it builds its portfolio beyond the traditional networking space and into hosted services and cloud computing. The move also opens a new market of customers for CA, said Chris O’Malley, executive vice president of CA’s Cloud Products and Solutions Business Line.
“Penetration of these markets will further expand our global leadership in IT management and complement our existing strength with large enterprise customers,” he said in a release announcing the sale.
Nimsoft has about 800 customers worldwide. Its biggest product is the Unified Monitoring solution, a network monitoring solution targeted at virtualized data centers, hosted and managed services, cloud platforms and SaaS providers. Unified Monitoring offers complete visibility into the performance and availability of customers’ business applications across both internal and external IT infrastructures.
In addition, Nimsoft has developed monitoring and reporting solutions for public cloud and on-demand offerings as well as internal applications, databases, and physical and virtual server environments.
CA, meanwhile, is rooted in the traditional IT space, with solutions ranging from enterprise data centers to security. The Nimsoft acquisition comes on the heels of other recent buys to move CA into the cloud computing and virtualization space, including 3Tera, Cassatt, NetQoS and Oblicore.
In announcing the acquisition, Gary Read, Nimsoft president and CEO said, “We’re bringing a very strong track record of success in the hosted and managed services segment and with midmarket enterprises. CA clearly shares our commitment to address customers’ evolving requirements for the management of their IT systems, including their move to virtualization and the cloud.”
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August 22 2019 @ 21:32:04 UTC