CA, Inc.
From Wikipedia, the free encyclopedia
CA, Inc. | |
Type of Company | Public (NYSE: CA) |
---|---|
Founded | 1976 |
Headquarters | Islandia, New York, USA |
Key people | John A. Swainson (CEO, President), Michael J Christenson(COO) |
Industry | Application software |
Products | See article |
Revenue | $3.56 billion USD (2005) |
Employees | 15,300 (2004) |
Website | www.ca.com |
CA, Inc. NYSE: CA is a computer software company, founded in New York by Charles B. Wang in 1976 as Computer Associates International, Inc.
Contents |
[edit] Products
As of January 2006, the "CA" product offerings include the following:
- Life Cycle Management: AllFusion
- AllFusion Endevor Change Manager
- AllFusion Harvest Change Manager
- Data Management and Application Development: Advantage
- Storage: BrightStor
- BrightStor CA-1 Tape Management
- BrightStor SAN Designer
- BrightStor SAN Manager
- BrightStor Storage Resource Manager (SRM)
- BrightStor Storage Command Center
- BrightStor Arcserve Backup
- BrightStor Enterprise Backup
- BrightStor High Availability for Windows
- Enterprise Management: Unicenter
- CA Unicenter Asset Management
- CA Unicenter Autosys Job Management
- CA Unicenter CA-XCOM Data Transport (formerly Advantage CA-XCOM Data Transport)
- CA Unicenter Network and Systems Management
- CA Unicenter Service Management
- CA Unicenter Service Desk
- CA Unicenter Software Delivery
- eHealth
- Spectrum
- Portal and Business Intelligence: CleverPath (e.g. Aion BRE)
- Security Management: eTrust
- Identity and Access Management
- eTrust CA-ACF2
- eTrust CA-Top Secret
- eTrust SiteMinder
- eTrust Identity Manager
- eTrust Single Sign-On
- eTrust Access Control
- eTrust Admin
- eTrust Directory
- Threat Management
- eTrust AntiVirus
- eTrust Vulnerability Manager
- eTrust EZArmor (including antivirus, a firewall (licensed from Zone Labs), and PestPatrol).
- eTrust Firewall
- eTrust Intrusion Detection
- Security Information Management
- eTrust Audit
- eTrust Security Command Center
- eTrust Network Forensics
- Identity and Access Management
Integrated modules and other ca smart Partner Certified products include:
[edit] History
CA was founded in 1976 as Computer Associates International, Inc., by Queens College graduate Charles B. Wang along with others including Russell M. Artzt. The company has been based in New York throughout its history.
CA began by selling CA-Sort, a product created by a Swiss company that was also called Computer Associates. By 1980, the American CA had done so well that it could afford to buy the Swiss CA.
In 1981 the company made its IPO and is now listed on the New York Stock Exchange.
In the early 1990s a rapidly expanding CA moved its headquarters from Garden City, NY to Islandia, NY after receiving an attractive tax-free proposal on a large plot of land in Islandia, just north of the Long Island Expressway.
Wang served as both Chairman and CEO for over 20 years until he retired in 2002 and was succeeded eventually in both roles by his long time colleague Sanjay Kumar. Upon his retirement, Wang purchased the New York Islanders of the NHL and became its president.
In April, 2004, in the face of a well publicized accounting scandal, Kumar stepped down as CEO, and in May, Ken Cron was nominated interim CEO. Finally, in November, 2004 the company named IBM executive John Swainson CEO Elect.
In that same year, the company began to opensource their Ingres database product, touting it to be more powerful than MySQL and PostgreSQL. Later, in 2005, CA divested Ingres to the Ingres Corporation.
CA is the world's fifth-largest independent software company with approximately 16,000 employees, and was a 1999 IndustryWeek fortune 1000 company.
Today, CA has many offices throughout the United States and the world, including offices in six continents, including England, Germany, France, India, China, Latin America, Israel, Australia, and Dubai.
In Feb 2006, Computer Associates International officially changed its name to CA, Inc.
In August 2006, CA:
- Sold its Islandia headquarters facility for $204.3 million to an entity called Islandia Headquarters Operators LLC.
- Announced a $200 million cost-cutting program, which is expected to see 1,700 employees laid off.
- Declared that it is ceasing the 24-year-old tradition of giving away free breakfasts, as well as free dinner to employees working past 7:00 p.m., effective Sept. 1. Also removed towel service in the CA Gym.
[edit] Acquisitions
CA has a long history of acquisitions (strategic and wholesale) in order to enhance its position in various segments of the software industry.
- 2006
- Wily Technology for $375M - Enhances CA's Application management software capabilities.
- Control-F1 Corporation - extends CA's Service Desk offerings
- Cybermation Inc. for $75 million in an all-cash transaction - Customers to gain extended workload automation capabilities
- 2005
- iLumin Software Services - Storage Management products
- Qurb - enhances CA anti-spam offerings
- Tiny Software - Firewall products
- Niku - $350M - IT Management and Governance Solutions
- Concord Communications - $350M - Enhances CA's network management capabilities
- eHealth, Spectrum, & netViz product lines
- 2004
- Netegrity - $430M - Enhances CA's identity and access management solutions
- PestPatrol - Industry leading anti-spyware solutions
- Miramar - Desktop DNA configuration management product(s)
- 2003
- Netreon - SAN Designer product
- SilentRunner - innovative industry leading network forensics technologies
- 2000
- Sterling Software - various products including development tools originated by Synon
- Cayenne Software
- Applied Management Systems Inc.
- 1999
- IDI (Innovative DP Designs, Inc.) - IMS ToolKit
- Platinum Technology International - $3.5B
- Vet Anti-Virus
- 1998
- QXCOM
- Viewpoint DataLabs International - 3D Modeling technology
- Realogic, Inc.
- 1997
- AI Ware, Inc.
- Avalan Technology, Inc.
- 1996
- Cheyenne Software - ArcServe storage products
- 1995
- Legent Corporation
- 1994
- The ASK Group, Inc. - Acquisition included the INGRES DBMS products
- 1991
- Pansophic Systems, Inc.
- On-Line Software, Inc.
- 1989
- Cullinet - $333M
- 1988
- Applied Data Research - $170M
- 1987
- UCCEL - $780M
[edit] Controversy
In 2000, a class-action lawsuit accused founder Charles Wang, co-founder Russell Artzt and then president Sanjay Kumar of wrongly reporting more than $500 million in revenue in its 1998 and 1999 fiscal years, in order to artificially inflate the stock price. A previous stock option set in 1995 specified that a certain number of shares would vest when CA's shares sustained a target price. The benchmark was met in 1998, and the three executives combined received nearly $1 billion in CA stock. Since then, at least four other class-action suits have been filed against CA.
In 2004, new management reached a deal with the U.S. Securities and Exchange Commission to pay $225 million in compensation to shareholders victimized by the company's criminal conduct. Former CEO Sanjay Kumar and CA's former head of worldwide sales, Stephen Richards, were formally indicted by a grand jury on counts of fraud and obstruction, charges to which they pled guilty in April 2006 [1]. Thomas M. Bennett pleaded guilty on June 21, 2006 to an obstruction-of-justice charge and is scheduled to be sentenced October 12. [2]. On November 2, 2006, The former chief executive Sanjay Kumar was sentenced to 12 years in prison for orchestrating a huge accounting fraud at the world’s fifth-largest software maker. [3].
In 2006, the Islandia-based company disclosed, in an earnings report after the market's close on Thursday, June 29, two newly discovered problems, including stock-option irregularities dating back to 1997 that could force it to restate hundreds of millions in past results.
CA also said it uncovered a $40-million revenue understatement that could lead to revenue reductions through 2011.
[edit] External links
- CA, Inc.
- Ingres database page
- CA hit with flurry of class-action lawsuits - from CNN (March 11, 2002)
- Report: CA probe focuses on 1998, 1999 revenue - from Computer World (May 20, 2002)
- CA's ex-CEO is indicted on fraud from CNN (September 22, 2004)
- CA TO EXTEND LEADERSHIP IN ENTERPRISE JOB SCHEDULING WITH AGREEMENT TO ACQUIRE CYBERMATION from CA, Inc. (April 13, 2006)
- Splunk for Unicenter NSM
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