CA Buys Niku
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Computer Associates is spending $350m to buy Niku, an IT governance vendor. The offer is $21 per Niku share. The IT governance market has been the growth story of the year. This is reflected in another purchase this year of Netgrity for $430m. Concord communications was brought for $350m. Niku will be integrated with the Business Service Optimization (BSO) unit. Niku CEO, Joshua Pickus will be the senior vice president of business service optimization. “With the integration of Niku, CA will be able to deliver the broadest and most comprehensive IT governance and service management solutions on the market to help our customers fully align IT with the business,” said CA President and CEO John Swainson. “IT governance is the number one priority for CIOs as they demand that their IT investments contribute to the growth, productivity and profitability of their organizations. We look forward to working with the Niku team to leverage CA's existing systems management strengths and sales force to expand our offerings in what will be one of our fastest growing businesses — Business Service Optimization.” The flagship of Niku is the Clarity IT-MG integrated suite. The entire IT lifecycle is covered from invesment selection through to results assessment. We have reprinted the blurb from the Niku website.
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