Monday, 14 September 2009

NetQoS Acquisition

CA, Inc. (NASDAQ:CA), the world’s leading independent IT management software company, today announced that it has signed a definitive agreement to acquire privately-held NetQoS® Inc., a leading provider of network performance management and service delivery solutions, for $200 million.

“CA offers the industry’s strongest and most complete service assurance and delivery portfolio,” said Ajei Gopal, executive vice president of CA’s Products and Technology Group. “With the addition of the NetQoS network flow monitoring, unified communications management, and response time analytic network solutions, CA will further strengthen its ability to help enterprise IT organizations and service providers deliver reliable, flexible and cost-effective IT and business services.”

“NetQoS customers and partners will benefit from CA’s extraordinary development capabilities, outstanding sales force, and global customer support infrastructure,” said Joel Trammell, chief executive officer, NetQoS. “NetQoS’ solutions will strengthen CA’s ability to deliver to its customers service-centric insight into network, systems and application performance—with no visibility gaps.”

Founded ten years ago, NetQoS has more than 1,000 active customers worldwide, including many in the Fortune 100. With annual revenue of $56 million in 2008, NetQoS’ revenues have experienced a 58 percent CAGR over the past five fiscal years.

You will find more detail on this news from: Telephony Online