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M2 PRESSWIRE-August 1, 2005-Computer Associates: CA completes Niku acquisition to extend leadership in it governance; Strengthens business service (C)1994-2005 M2 COMMUNICATIONS LTD
Optimization Offerings ISLANDIA, N.Y. - Computer Associates International, Inc. (NYSE:CA) today announced that it completed its acquisition of Niku, including its leading information technology governance (ITG) solution, on July 29, 2005.
"The Niku acquisition gives CA a leading solution in one of the fastest growing software sectors -- IT governance -- enabling CA to deliver the most robust Business Service Optimization solutions on the market," said Jacob Lamm, senior vice president and general manager of CA's Business Service Optimization (BSO) business unit. "We welcome Niku employees, customers and partners to CA. We look forward to working with them to build on CA's strengths in systems management and help organizations drive more value from their IT assets, services, and investments."
With the acquisition of Niku, whose revenue grew 45 percent in its last fiscal year, CA gains a best-in-class offering in a market segment that is growing faster than the software industry as a whole. Niku's ITG solutions will be integrated with CA's BSO unit. CA's BSO solutions enable customers to align IT investments with business objectives, control IT costs, deliver IT as a service,...