Update on CA ERwin Data Modeling Business
03 Novembre 2014 - 11:00PM
Business Wire
CA Technologies (NASDAQ:CA) today announced that the agreement
to sell its CA ERwin® data modeling business to Embarcadero,
announced on March 13, 2014, has been terminated. It is anticipated
that the transaction would not receive required regulatory
approvals in a timely fashion, and therefore would not meet certain
closing conditions.
CA is highly focused on supporting and driving value for CA
ERwin customers, partners and employees. The company will continue
to invest in and execute on product development, marketing and
sales plans. Mark Lukianchuk, a 17-year CA veteran, has been
appointed to lead the CA ERwin business. Key members of the
leadership team will remain in place.
The award-winning CA ERwin is the most-used data modeling tool
among data professionals, and is sold almost exclusively through
more than 500 partners in over 70 countries. In August 2014, CA
ERwin was named “Best Modeling Solution” in the inaugural Database
Trends and Applications (DBTA) magazine Readers’ Choice Awards.
For financial accounting purposes, CA Technologies will continue
to recognize the CA ERwin business as discontinued operations.
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About CA Technologies
CA Technologies (NASDAQ: CA) creates software that fuels
transformation for companies and enables them to seize the
opportunities of the application economy. Software is at the heart
of every business in every industry. From planning, to development,
to management and security, CA is working with companies worldwide
to change the way we live, transact, and communicate – across
mobile, private and public cloud, distributed and mainframe
environments. Learn more at www.ca.com.
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their respective companies.
CA TechnologiesBrian Harris,631-342-6508brian.harris@ca.com
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