This article contains my first reaction to the News. You can find further information about the purchase and my thoughts about it in my newer article After the Acquisition: Thoughts about the Future of Automic.
Since June, there have been rumors that the equity company EQT Automic could sell. Reuters mentioned this at the time in this article.
Today, almost half a year later, it is official: CA Technologies buys Automic for approximately 600 million euros.
I am just at the Automic Live in Vienna – and even if the official announcement was only now, the topic has dominated the conversations all afternoon.
What do we already know?
As I said, I’m currently at the Automic Live in Vienna. That is why at the moment I only link here the most important information, which is already on the Internet.
I am anxious to see what this change of ownership will entail. Especially because CA is/was a competitor to Automic in all areas where Automic is active.
I see the purchase quite positive. CA is certainly not the worst buyer as the Automic products fit well in their portfolio.
Here’s a first short analysis on ZDNet.com about how the CA portfolio benefits from Automic’s products
I will keep you posted here in the next few days.