Embarcadero Technologies, a provider of software solutions for application and database development, has entered into a definitive agreement to acquire CA Technologies CA ERwin Data Modeling solution. CA ERwin is sold almost exclusively through more than 500 partners in over 70 countries.
According to Embarcadero, the combination of Embarcadero and CA ERwin will also bring together two complementary technologies, and the acquisition will provide it with a broader route to market through additional channel partners.
"Data architecture is now the biggest part of Embarcadero's business and represents our significant commitment to the category," said Wayne Williams, CEO at Embarcadero Technologies. "Every aspect of IT – from application development and business intelligence to security and user experience – is defined and driven by data architecture.”
Headquartered in San Francisco, Embarcadero is a privately held company with over 500 employees, a global presence with offices in 29 countries, and over three million users worldwide.
"We are actively managing our portfolio and investments, and the sale of CA ERwin further sharpens our focus on core capabilities, such as IT Business Management, DevOps and Security across mainframe, distributed, cloud and mobile environments," noted Jacob Lamm, executive vice president, Strategy and Corporate Development of CA Technologies.
Financial terms of the agreement were not disclosed.