Autonomy Corporation plc, a provider of infrastructure software, and CA Technologies have announced Autonomy's intention to acquire CA Technologies Information Governance business. Terms of the sale were not disclosed. CA Technologies Information Governance employees will join Autonomy.
The asset acquisition includes CA Records Manager, which provides federated and physical records management and CA Message Manager, a solution for capturing and managing all messages according to corporate and regulatory requirements. Customers will have the option to leverage both offerings hosted in Autonomy's secure private cloud, which currently hosts over 14 petabytes of data. Autonomy is continuing the support and enhancement of both CA Records Manager and CA Message Manager.
The transaction is not expected to have a material impact on Autonomy's 2010 prospects or results, neither on revenue nor profits, nor (save for the payment of the cash consideration) on cash or cash flows of the group. CA Technologies said the sale is not expected to have a material impact on its fiscal year 2011 results.The transaction is expected to close in early Q3 and is subject to customary closing conditions.