CA (NYSE: CA) today announced a definitive agreement to acquire Cybermation, a privately-held provider of enterprise workload automation solutions, for $75 million in an all-cash transaction.
Cybermation specializes in software and services that modernize traditional job scheduling solutions and simplify complex IT infrastructures.
The acquisition will extend CA's market-leading workload automation portfolio, which helps customers unify and simplify their IT environments by automating the scheduling and deployment of workloads across mainframe and distributed systems. It will also make Cybermation's solutions available to a wider range of customers worldwide and provide both companies' existing customers with advanced technologies for next-generation job scheduling.
According to IDC, the worldwide market for job scheduling software is expected to grow to $1.77 billion in 2010. In 2004, CA was named market leader in job scheduling for the third year in a row, with a 20.2 percent market share.
"The acquisition of Cybermation demonstrates CA's commitment to continued leadership and innovation in its core markets," said Alan Nugent, senior vice president and general manager of CA's Enterprise Systems Management Business Unit. "It will help us fulfill our vision for enterprise workload automation and provide customers with unprecedented control and automation of production workloads."
Growing job scheduling pressures are driving the need for event-driven automation that can align workload execution with business policies, ensure optimized service levels, and boost operational productivity. CA's workload automation solutions provide the foundation for this type of management and control by integrating business policies, events and real-time processes across all applications and platforms from a single point of control. Cybermation technologies will play a key role in building and enhancing this management foundation.
"Cybermation has consistently attracted new customers by offering a compelling workload automation solution with advanced features and benefits," said Ray Nissan, founder and CEO of Cybermation. "Joining CA allows us to integrate our leading job scheduling technologies into CA’s workload automation strategy to deliver a single, highly advanced workload automation platform to the market."
CA will market the Cybermation solutions as standalone products while integrating them into its larger workload automation solutions portfolio.
In 2005, Cybermation had revenue of $30 million and was profitable. The company was founded in 1982, is headquartered in Markham, Ontario and has sales offices in the U.S., U.K. and Germany. The acquisition is expected to close within 30 days.