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by Franco Martinig.
Original Post: CA Technologies Acquires Rally Software
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CA Technologies has signed a definitive agreement to acquire Rally Software Development for approximately $480 million, net of cash acquired. The transaction has been unanimously approved by both Boards of Directors, and is expected to close in the second quarter of CA’s fiscal 2016. Based in Boulder, CO, Rally has approximately 500 employees across four continents and FY 2015 sales of $88 million.
“Software applications are changing the world, disrupting established business models and bringing in completely new experiences in areas from travel to banking. In order to compete, businesses need ...
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