CA Technologies to Acquire Veracode - SaaS-based Secure DevOps Platform
March 07, 2017

CA Technologies has signed a definitive agreement to acquire Veracode, a leader in securing web, mobile and third-party applications across the software development lifecycle, for approximately $614 million in cash.

The transaction is expected to close in the first quarter of fiscal year 2018, and is subject to customary closing conditions, including regulatory approvals.

The combination of CA’s portfolio with privately-held Veracode will establish CA Technologies as a leader in the Secure DevOps market through the automation and scaling of application security testing (AST) to develop and deploy applications faster with fewer defects. With Veracode, CA Technologies bridges its Security business with its broad DevOps portfolio and adds to its growing SaaS business. Veracode extends CA’s go-to-market strategy into midsize enterprise customers while CA accelerates Veracode’s global reach into larger enterprise customers.

“Software is at the heart of every company’s digital transformation. Therefore, it’s increasingly important for them to integrate security at the start of their development processes, so they can respond to market opportunities in a secure manner,” said Ayman Sayed, President and Chief Product Officer, CA Technologies. “This acquisition will unify CA’s Security and DevOps portfolios with a SaaS-based platform that seamlessly integrates security into the software development process. Looking holistically at our portfolio, now with Veracode and Automic, we have accelerated the growth profile of our broad set of solutions. We now expect that the size of our growing solutions within our Enterprise Solutions portfolio will eclipse the more mature part of the Enterprise Solutions portfolio in FY19.”

The ability to deliver Identity and Access Management, DevOps tools and automation capabilities with SaaS-based application security, allows CA to offer enterprises of all sizes a faster time-to-value from their software investments.

Named a leader in the Gartner Magic Quadrant for Application Security Testing, Veracode’s solution enables automated, on-demand application security testing starting at the earliest phases of the development lifecycle to improve testing speed, address security concerns in production, and eliminate risk. In addition to dynamic application testing, the SaaS-based application security testing software and solutions also perform static testing to detect potential vulnerabilities in custom code, third party applications and open-source components.

“We provide over 1400 small and large enterprise customers the security they need to confidently innovate with the web and mobile applications they build, buy and assemble, as well as the components they integrate into their environments,” said Bob Brennan, CEO, Veracode. “By joining forces with CA Technologies, we will continue to better address growing security concerns, and enable them to accelerate delivery of secure software applications that can create new business value.”

Founded in 2006, Veracode has offices in Burlington, MA and London and has over 500 employees worldwide.

The Latest

September 21, 2017

There are many options when it comes to container orchestration platforms and services. Figuring out which one is best for a particular organization’s needs and applications can be a challenge. Which platform for containerization you choose can significantly influence your business success, so the selection process should be carefully considered ...

September 20, 2017

A powerful tool for simplifying DevOps is containerization, which delivers a convenient form of application packaging, combined with the opportunity to automate certain IT provisioning processes. With containerization, DevOps teams can focus on their priorities — the Ops team preparing containers with all needed dependencies and configurations; and the Dev team focusing on efficient coding of an application that can be easily deployed ...

September 18, 2017

Web development and web design are intertwined in such a way that there is not one without the other — not anymore at least. The following outlines 5 benefits of collaboration ...

September 14, 2017

Mastering modern software development by building a "Modern Software Factory" is at the heart of business success in the digital economy, according to the results of a survey of over 1,200 IT leaders released today by CA Technologies ...

September 13, 2017

IT-Business convergence is needed to deliver continuous change, but many of the current tools add complexity and fail to merge the two, according to the Panaya 2017 State of Functional Testing Report ...

September 11, 2017

Application Program Interfaces (API’s) represent an effective way to build and manage mobile services. By using APIs — a set of routines, protocols and tools for building software applications — application developers no longer have to buy technology software or hardware. Instead, they can simply plug into a growing open ecosystem of API-driven services. It is simple to integrate, and saves time and money for new developers ...

September 07, 2017

More than a quarter of enterprises globally have not built, customized or virtualized any mobile apps in the last 12 months, according to the latest mobile app survey by Gartner ...

September 06, 2017

The number of malware breaches (to use a generic term) are rising in near exponential numbers and, unless there are radical changes, this is set to continue unabated. Most pundits agree with this forecast ...

September 01, 2017

DevOps encourages communication and collaboration between development and operations teams. Achieving greater synergies between the Dev and Ops teams doesn't happen overnight, but it is possible to fast track the process with the right technologies in place. One such technology is IT automation ...

August 29, 2017

Newly released data shows that distributed denial of service (DDoS) and web application attacks are on the rise once again, according to the Second Quarter, 2017 State of the Internet / Security Report released by Akamai Technologies ...

Share this