Computer Associates Acquires Wily Technology

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Computer Associates International, Inc., a software company, recently announced that it has signed a definitive agreement to acquire Wily Technology, a provider of enterprise application management solutions, for $375 million in an all-cash transaction.

Wily will operate as the Wily Technology division within CA's Enterprise Systems Management business unit. The acquisition is expected to be completed within three months, pending regulatory approval, and is expected to be dilutive to CA's earnings per share in fiscal 2006 and neutral to earnings per share in fiscal 2007.

"Application management is key to enabling customers to manage IT environments from end-to-end — from applications to infrastructure — and delivering on CA's Enterprise IT Management vision," said John Swainson, President and CEO, CA. "Wily is the leader in this sector and the fastest growing major company in a fast growing market. With this acquisition, CA will be the only -- This message may have been cut off and the rest will only be shown to members. To become a member, click here --