News
CA to Acquire Platinum
- By Scott Bekker
- 03/29/1999
In a deal estimated to value $3.5 billion, Computer Associates International Inc. (CA,
www.ca.com) will acquire Platinum Technology International Inc. (
www.platinum.com).
With the acquisition, CA will attain Platinum's knowledge management, data warehouse, database tools and application lifecycle management. CA will integrate these into its Jasmine object-oriented database tool.
Platinum provides software products and consulting services to large companies to manage and improve their IT infrastructures, including systems and database management, e-commerce, application infrastructure management, data warehousing, knowledge management, decision support and Y2K reengineering. The 12-yeal-old company has more than 120 offices across 6 continents.
Platinum's consulting and implementation services will also complement CA's Global Professional Services (GPS), formed last April to provide more turnkey solutions. Platinum will extend this service in Europe where it has a large presence. -- Brian Ploskina, Assistant Editor
About the Author
Scott Bekker is editor in chief of Redmond Channel Partner magazine.