The asset acquisition includes CA Records Manager, a provider of federated and physical records management and CA Message Manager, a solution for capturing and managing all messages according to corporate and regulatory requirements.
In addition to the products, CA Technologies Information Governance employees will join Autonomy to continue to provide better sales, support and products to existing and new customers. The transaction is expected to close in early Q3 and is subject to customary closing conditions.
CA Technologies Information Governance customers will benefit from Autonomy’s single platform for eDiscovery, archiving, supervision and records management with scalability and advanced multilingual capabilities.
CA Records Manager and CA Message Manager powered by IDOL information processing platform will bring advanced automation to information governance tasks based on IDOL’s ability to understand the meaning of information. This will significantly reduce the levels of manual effort from that previously required.
In addition to existing environments supported, Autonomy will extend connectivity for life cycle management across more than 400 content sources and 1,000 file types. Customers will also 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.
Based on current run rate of the business, 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.
Neil Araujo, CEO of Autonomy iManage, said: “The combination of Autonomy with CA Technologies Information Governance business will further strengthen Autonomy’s solutions for the legal, regulatory and investigative markets.”
Jacob Lamm, executive vice president for strategy and corporate development at CA Technologies, said: “This deal works for both CA Technologies and Autonomy and, most of all, for the customers of CA Records Manager and CA Message Manager who will continue to have access to leading edge information governance products.”
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