CA Technologies acquires Veracode to bolster DevOps security

CA shells out $614 million on the firm

acquisition

CA Technologies has completed its acquisition of security firm Veracode, a move that will enable it to integrate some of the company's innovations to improve its DevOps security.

"The acquisition establishes CA Technologies as a leader in the Secure DevOps market, bridges its Security business with its broad DevOps portfolio and adds to its growing SaaS business," CA Technologies said in a statement.

As a result of the acquisition, Bob Brennan, former CEO of Veracode will lead CA Technologies' Veracode business, reporting to the company's president and chief product officer Ayman Sayed.

"We provide over 1400 small and large enterprise customers the security they need to confidently innovate with the web and mobile applications they build, buy and assemble, as well as the components they integrate into their environments," Brennan said. 

"By joining forces with CA Technologies, we will continue to better address growing security concerns, and enable them to accelerate delivery of secure software applications that can create new business value."

The deal was worth $614 million and CA Technologies said it would reveal the impact of this purchase on its figures when it announces its fourth quarter earnings next month.

"Software is at the heart of every company's digital transformation," Sayed commented when the acquisition was first announced a month ago. "Therefore, it's increasingly important for them to integrate security at the start of their development processes, so they can respond to market opportunities in a secure manner."

"This acquisition will unify CA's Security and DevOps portfolios with a SaaS-based platform that seamlessly integrates security into the software development process. Looking holistically at our portfolio, now with Veracode and Automic, we have accelerated the growth profile of our broad set of solutions. We now expect that the size of our growing solutions within our Enterprise Solutions portfolio will eclipse the more mature part of the Enterprise Solutions portfolio in FY19."

Featured Resources

Unlocking collaboration: Making software work better together

How to improve collaboration and agility with the right tech

Download now

Four steps to field service excellence

How to thrive in the experience economy

Download now

Six things a developer should know about Postgres

Why enterprises are choosing PostgreSQL

Download now

The path to CX excellence for B2B services

The four stages to thrive in the experience economy

Download now

Recommended

How to encrypt files and folders in Windows 10
encryption

How to encrypt files and folders in Windows 10

9 Apr 2021
The definitive guide to IT security
Whitepaper

The definitive guide to IT security

9 Apr 2021
Evidence suggests REvil behind Harris Federation ransomware attack
ransomware

Evidence suggests REvil behind Harris Federation ransomware attack

9 Apr 2021
Fujitsu taps Trend Micro to secure private 5G networks in smart factories
5G

Fujitsu taps Trend Micro to secure private 5G networks in smart factories

8 Apr 2021

Most Popular

Microsoft is submerging servers in boiling liquid to prevent Teams outages
data centres

Microsoft is submerging servers in boiling liquid to prevent Teams outages

7 Apr 2021
Hackers are using fake messages to break into WhatsApp accounts
instant messaging (IM)

Hackers are using fake messages to break into WhatsApp accounts

8 Apr 2021
How to find RAM speed, size and type
Laptops

How to find RAM speed, size and type

8 Apr 2021