Signs a definitive agreement to acquire the enterprise application management solutions provider for $375 million in an all-cash transaction.

Computer Associates International, Inc., a software company, recently announced that it has signed a definitive agreement to acquire Wily Technology, a provider of enterprise application management solutions, for $375 million in an all-cash transaction.

Wily will operate as the Wily Technology division within CA's Enterprise Systems Management business unit. The acquisition is expected to be completed within three months, pending regulatory approval, and is expected to be dilutive to CA's earnings per share in fiscal 2006 and neutral to earnings per share in fiscal 2007.

"Application management is key to enabling customers to manage IT environments from end-to-end — from applications to infrastructure — and delivering on CA's Enterprise IT Management vision," said John Swainson, President and CEO, CA. "Wily is the leader in this sector and the fastest growing major company in a fast growing market. With this acquisition, CA will be the only company to address the management of applications, IT assets and users across all hardware and software, from the mainframe to the distributed environment."

"Wily has defined and become the leader in this sector by focusing on customer success," said Dick Williams, CEO, Wily Technology. "With CA, we can reach more organizations than ever before with our innovative technology, expert people and best practices. And, by accelerating our development and integrating our technology with CA's solutions, we will be able to deliver a scope of management products unmatched by anyone else. I'm excited to be joining the CA team and for the opportunity to build a best-in-class enterprise management software company."