ISLANDIA, NY - CA, Inc. (NASDAQ: CA) today announced it has signed a definitive agreement with Eurekify for CA to acquire Eurekify, a leading pioneer in identity and role management.
Terms of the acquisition were not disclosed.
The acquisition extends CA’s leadership in identity and access management, bringing the next generation of role-based identity and compliance management under the CA security software portfolio.
“By bringing together two leaders in identity management, CA’s acquisition of Eurekify is transforming the market dynamics in that highly fragmented sector,” said Dave Hansen, corporate senior vice president and general manager, CA Security Management. “Eurekify is CA’s second acquisition in the security space in two months, coming on the heels of our purchase of IDFocus in October. These acquisitions, along with our organically developed products, ensure CA’s continued strength in the growing security market.”
CA has successfully collaborated with Eurekify for the past several months on the integration and sale of Eurekify technology as part of the larger CA Security Management Business Unit solution. The CAEurekify solution addresses the growing demand for a new generation of identity and access management (IAM) solutions that are business-centric. With this acquisition CA can deliver deeper product integration, and continued development and extension of products, particularly those that facilitate role-based, business-driven identity management and access control.
The combination of CA Identity Manager with Eurekify Enterprise Role Manager delivers a system which helps customers clean up existing identity data and build a role model with the best available information. This model serves as the foundation to automate the user provisioning process and enhances identity lifecycle management.
Important to the success of Eurekify’s role modeling capabilities is an innovative and advanced analytics engine. It uses advanced, pattern-based analytics to reduce the time and effort involved in traditionally labor-intensive duties within role management that often derailed identity management projects. It also helps deliver business-driven “smart provisioning” for real-time enhancements of identity and nonidentity business processes.
“We’re proud to be joining the Security Management team at CA. The breadth and depth of CA’s product portfolio offers multiple opportunities for Eurekify technology integration and development,” said Dr. Ron Rymon, Eurekify founder. “The entire Eurekify team looks forward to contributing to CA’s future innovations that help customers manage the identity lifecycle for improved security and help address compliance with a variety of regulations.”
“Together, CA and Eurekify deliver a compelling solution for managing the identity lifecycle that fits modern business needs,” added Azi Cohen, CEO of Eurekify.
The deal is expected to close by the end of the month. Eurekify’s operations will be integrated into CA’s business.
Eurekify is a leading provider of privilege, role and policy management solutions. Eurekify Enterprise Role & Compliance Manager helps enterprises address difficult role modeling, compliance modeling, and ongoing policy management challenges. Easing and speeding deployment of truly business-driven solutions, Eurekify, based in Ra’anana, Israel, is the choice of leading solution providers worldwide. Eurekify was backed by Peregrine Ventures.
CA (NASDAQ: CA) is the world’s leading independent IT management software company. With CA's Enterprise IT Management (EITM) vision and expertise, organizations can more effectively govern, manage and secure IT to optimize business performance and sustain competitive advantage. For more information, visit www.ca.com.
Technology M&A Practice served as financial advisor to Eurekify.