By Drew FitzGerald 
 

CA Inc. (CA) on Monday sued a software company founded by one of its former employees for allegedly infringing three of its patents.

The Islandia, N.Y. company accused privately held New Relic Inc. of reusing the some of the intellectual property CA acquired through its 2006 purchase of Wily Technology. Wily founder Lew Cirne joined CA through the acquisition and remained an employee until 2007. He started New Relic in San Francisco in 2008.

A New Relic spokeswoman said the company had no immediate comment about the lawsuit, which CA filed in the U.S. district court for Eastern New York.

Both companies offer tools for application-performance management, a software niche that allows information-technology managers to track how well programs are working throughout their business. CA Chief Executive Bill McCracken last month said a slowing application-performance business was partly to blame for second-quarter revenue that missed analysts' expectations.

CA shares were recently up 7 cents at $23.04 Monday. The stock is down 9.5% over the past month.

Write to Drew FitzGerald at andrew.fitzgerald@dowjones.com.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Grafico Azioni Xtrackers California Mun... (NASDAQ:CA)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di Xtrackers California Mun...
Grafico Azioni Xtrackers California Mun... (NASDAQ:CA)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di Xtrackers California Mun...