The development of software and business applications aimed at business models “agile” are the target of Ca Technologies: the company has, in fact, announced it would capture Rally Software Development , for a total of 19 50 dollars per share, equivalent to about $ 480 million , net of cash acquired. The two companies have already signed a binding agreement that commits them in this move, unanimously approved by both boards of directors and set to improve in the second quarter of fiscal 2016 Ca. The latter will benefit from the acquisition enriching its offering to developers.
domiciled in Boulder, Colorado, Rally has about 500 employees on four continents, boasts among its customers more than a third of the Fortune 100 and in the year 2015 reported sales of $ 88 million. Its main attraction is Agile: a cloud-based platform for application development, which are associated consultancy and training.
“The acquisition of Rally” reads a press release, “marks a milestone in the strategy of Ca Technologies aims to help customers thrive in applications characterized by the ubiquitous presence of software applications in all aspects of the enterprise.” Concept further detailed by Mike Gregoire, chief executive officer of Ca Technologies, explaining that “software applications are changing the world, transforming the existing business models and introducing completely new experiences in areas such as leisure and banking services. To be competitive, companies must rely on the development of rapid and reliable high-quality software. “
The selection of Rally, continued Gregoire, is ” can integrate and amplify the strengths of CA Technologies in the areas DevOps and Cloud Management. Every developer wants to create software that can meet the need for transformation and to the critical emerging. The agreement with Rally offers millions of developers around the world to achieve this goal, also opening the way for completely new scenarios of user experiences. “
“Despite having already had four years of abundant collaboration with CA, we are very pleased to take this extra step to ensure new value to our customers” added Tim Miller , President and CEO of Rally.
To substantiate the value of the acquisition there are research companies such as Forrester and IDC , that the Agile methodology is an effective framework for the development of software. The first of the two, for example, found in a recent survey as 69% of IT managers interested in implementing this methodology or already has done so. IDC, however, provides an impressive growth of software application lifecycle management type Agile, products which in 2017 will have a ride d0’affari of $ 1.1 billion.
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