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Updated from 12:48 p.m. EST
Computer Associates(CA Quote) continued on its acquisition tear Monday, announcing an agreement to acquire privately held software specialist Orchestria.
Like many software firms, CA's shares have taken a pounding during the economic downturn, although the Islandia, N.Y.-based firm's stock has rallied somewhat in recent weeks. The Orchestria purchase is CA's third security acquisition in three months, following recent deals for Eurekify and IDFocus.
CA's shares closed down 25 cents, or 1.3% to $18.65 Monday despite the announcement. ...
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