NetQoS Gets Acquired For $200 Million By CA Inc.
CA Inc. (NASDAQ:CA) is a New York based enterprise server software company. The company recently announced that they have acquired NetQoS for $200 million in cash. NetQoS revenue for 2008 was $56 million and they have over 1,000 customers.
“As enterprises and service providers become increasingly reliant on the shared infrastructure of private and public computing clouds, CA and NetQoS will provide a robust level of network and systems traffic management that will be critical to successfully delivering cloud-based services,” stated CA in a press release.
NetQoS will be rolled into the Infrastrucure Management and Automation division at CA. A majority of NetQoS’ employees will be given jobs at CA and the deal is expected to close by the end of the year.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry