New York-based Computer Associates (CA) today announced that it will acquire network management software company NetQoS for $200 million cash. The Washington Post has the details:
If the deal goes through, it will be CA’s biggest acquisition in three years (since it bought Wily Technology for $375 million in January 2006). The acquisition is expected to be completed by the end of the calendar year, pending regulatory approvals.
According to the announcement, NetQoS’ solutions will extend CA’s capabilities in areas such as network and systems management, application performance management and cloud management.
Founded ten years ago, NetQoS has over 1,000 active customers worldwide, including many in the Fortune 100. With annual revenue of $56 million in 2008, NetQoS’ revenues have experienced a 58 percent CAGR over the past five fiscal years.
The IT M&A buffet continues. Who’s next?