CA To Buy NetQoS For $200 Million
Stock quotes in this article:
CA
ISLANDIA, N.Y. (AP) — Software maker CA Inc. said Monday it has agreed to buy privately held NetQoS Inc. for $200 million in cash.
CA said the acquisition of NetQoS, which makes software for managing computer networks, will strengthen its software products for information technology and service providers. In a statement, NetQoS CEO Joel Trammell said the company's customers will gain from CA's "development capabilities, outstanding sales force, and global customer support infrastructure." CA shares rose 16 cents to $22.75 in morning trading. (This version CORRECTS name of CEO.)- Loading Comments...
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