CA Technologies To Buy Automic For 600 Euros; Plans To Expand Business Ventures In Process Automation
It has been confirmed recently that CA Technologies is obtaining Automic, a business process automation company for 600 million Euros. Read on further their objectives in acquiring such business process.
CA Technologies Closes Deal With Automic To Enhance Business Process Automation
A big technological company, CA Technologies announces their decision in acquiring the Automic, to enhance and improve their business process automation. The deal will cost them 600 million Euros or roughly around 636 million US dollars. The Automic software will be a big move for the company since it has been a widely known established processing system, which started out automating IT and is now venturing into business processes. For the purchase of CA Technologies with Automic, the software will provide a cloud automation and transposition platform; and will give more immensity in analytics.
Automic has recently launched the business automation platform, to which they name as "Continuous Everything." The new software update enables the users to automate all business functions and all the workflows within the business. According to the president and chief product officer of CA Technologies, global businesses have the need to be flexible and agile to move the workloads in a technology that could both increase profit and decrease manpower, which is very crucial in terms of a business.
The Deal Between CA Technologies And Automic To Enhance Growth In Business Automations
The deal with Automic allows CA Technologies to give their customers new and better options in addressing IT-related problems, and will definitely benefit from the increase in business agility with various solutions to all other concerns. According to Forbes, the deal is expected to be closed by March 2017, offering products in four aspects: Agile, DevOps, mainframe and security. Automic offers strategies that hold the speed of the software development. It aims to help organizations enhance their capabilities in today's generation of immense Digital World. CA Technologies already offer workload automation, however, Automic enhances their capabilities in dealing with complex processes that may be beyond what they could.
