Mobile SDKs (software developments kits); love them or hate them, they're here to stay. They provide our apps with all sorts of functionality that would be incredibly time consuming to build, and they give us another means to monetize our apps. While it would be difficult to argue that SDKs aren’t useful, it’s also hard for developers to get a good idea of the amount of resources used by each SDK once the app is in production ...
CA Technologies has completed the acquisition of Veracode, a leader in securing web, mobile and third-party applications across the software development lifecycle.
The acquisition establishes CA Technologies as a leader in the Secure DevOps market, bridges its Security business with its broad DevOps portfolio and adds to its growing SaaS business.
With the completion of the transaction, Bob Brennan, former CEO, is now GM of the Veracode business in the company’s product development organization reporting to Ayman Sayed, CA President and Chief Product Officer.
Under the terms of the agreement, the transaction is valued at approximately $614 million in cash.
CA will provide detail regarding the acquisition’s impact to guidance when it reports fourth quarter earnings in May.