In a move to strengthen its virtualization management software portfolio, IT management software company CA Technologies announced Tuesday it is buying capacity management software vendor Hyperformix. Terms of the deal were not disclosed.
As CA explains in the press release announcing the acquisition, capacity management "enables customers to discover how physical, virtual, hardware, software, storage, and network resources are being used, and to determine what resources will be needed in the future. The technology also helps customers optimize the deployment of those resources to meet business objectives."
“Virtualization capacity management is among customers’ most critical IT management needs,” Roger Pilc, general manager of CA Technologies Virtualization and Automation business unit, said in a prepared statement. “An important aspect of our virtualization and cloud strategies is to help customers overcome the ‘VM stall' challenges they encounter as they roll out virtualization and progress to a dynamic, cloud-based data center architecture. Hyperformix strengthens our ability to help organizations advance their IT infrastructures to benefit the business.”
CA said the combination of its technology and Hyperformix software will help enterprises ensure application performance and service level agreements, as well as deliver cost, agility and availability benefits through faster and more reliable data center consolidations, virtualization rollouts, platform refreshes and application migrations.
The deal should be completed by the end of the year.
Headquartered in Austin, Texas, Hyperformix counts among its customers Hewlett-Packard, Raytheon, British Petroleum, AIG, JPMorgan Chase and Sprint. Investors include Morgan Stanley Venture Partners and M/C Venture Partners. The company raised $3.8 million in funding in March 2009 and has raised nearly $21 million since its founding in 1989 as Scientific Engineering Software Inc.
Based in Islandia, N.Y., CA (NASDAQ: CA) shares were up 11 cents to 21.30 in midday trading Wednesday. Share have climbed 18 percent this month, though that comes off a 52-week low set on August 31.