|By Marketwired .||
|March 13, 2014 04:00 PM EDT||
SAN FRANCISCO, CA -- (Marketwired) -- 03/13/14 -- Embarcadero Technologies, a leading provider of software solutions for application and database development, today announced it has entered into a definitive agreement to acquire CA Technologies industry-leading CA ERwin® Data Modeling solution. The acquisition will give Embarcadero a broader route to market through additional channel partners and a set of employees who stand to thrive in an organization that is closely aligned with CA ERwin's core strengths.
The combination of Embarcadero and CA ERwin will bring together two highly complementary technologies and create an organization uniquely qualified to meet companies' needs for a more robust, secure data architecture.
"Data architecture is now the biggest part of Embarcadero's business and represents our significant commitment to the category," said Wayne Williams, CEO at Embarcadero Technologies. "Every aspect of IT -- from application development and business intelligence to security and user experience -- is defined and driven by data architecture. With the addition of CA ERwin's strong technical team and deep data modeling expertise, Embarcadero will drive greater investment, innovation and momentum in this critical technology segment."
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.
Embarcadero is a leading provider of software solutions for application and database development. Headquartered in San Francisco, Embarcadero is a privately held company with over 500 employees, a global presence with offices in 29 countries, and over three million users worldwide. Its acquisition of CA ERwin will make Embarcadero the world's leading data architecture company.
"We are very pleased with this transaction, which will ensure a smooth transition to a strong partner for CA ERwin customers and employees," said Jacob Lamm, Executive Vice President, Strategy and Corporate Development of CA Technologies. "We are actively managing our portfolio and investments, and the sale of CA ERwin further sharpens our focus on core capabilities, such as IT Business Management, DevOps and Security across mainframe, distributed, cloud and mobile environments."
For Embarcadero customers, the benefits of the combined assets will mean greater investment, innovation and momentum in data architecture technology. Furthermore, Embarcadero's intensified commitment and focus for business functions, R&D and support will equate to higher levels of customer service and satisfaction. This transaction brings ERwin customers into Embarcadero's data modeling focused business, which is part of a rich database tools ecosystem that includes data modeling, data management, database development and app development.
Financial terms of the agreement were not disclosed.
About Embarcadero Technologies
Embarcadero Technologies, Inc. is a leading provider of award-winning tools for application developers and database professionals so they can design systems right, build them faster and run them better, regardless of their platform or programming language. Ninety of the Fortune 100 and an active community of more than three million users worldwide rely on Embarcadero products to increase productivity, reduce costs, simplify change management and compliance, and accelerate innovation. Founded in 1993, Embarcadero is headquartered in San Francisco, with offices located around the world. To learn more, please visit www.embarcadero.com.
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