CA is to acquire Nimsoft, a provider of IT performance and availability monitoring solutions for emerging enterprises and managed service providers (MSPs).
In an all-cash transaction valued at $350 million, CA said that it will extend its ability to meet the unique IT management needs of emerging enterprises and MSPs, both of which are playing leading roles in the growth of cloud computing.
The Nimsoft Unified Monitoring solution is designed to allow MSPs complete visibility into the performance and availability of their customers' business applications across both internal and external IT infrastructures.
According to Nimsoft, its automated implementation can help accelerate time-to-value and its features are specifically designed to streamline monitoring of a wide range of business applications for multiple customers - advantages that MSPs around the world are leveraging to improve service, expand offerings and boost margins.
Gary Read, Nimsoft president and CEO, who will be joining CA, said: “CA and Nimsoft is a perfect match. We are joining a company that wrote the book on enterprise management.
“We are bringing a very strong track record of success in the hosted and managed services segment and with mid-market enterprises. CA clearly shares our commitment to address customers' evolving requirements for the management of their IT systems, including their move to virtualisation and the cloud.”
Nimsoft's operations will report under CA's cloud products and solutions business line. It is anticipated that the majority of Nimsoft's approximately 120 employees will remain with CA after the completion of the transaction, which is expected to close by the end of CA's fourth fiscal quarter at the end of this month.
Chris O'Malley, executive vice president of CA's cloud products and solutions business line, said: “With our planned acquisition of Nimsoft, CA will be equipped to capture several important growth market segments - including emerging enterprises, emerging national economies, and the MSPs who are providing these customers with IT management services via the cloud.
“Penetration of these markets will further expand our global leadership in IT management and complement our existing strength with large enterprise customers.”