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CA Technologies

January 01, 1970

CA Technologies, Inc., formerly Computer Associates International, Inc., and CA, Inc., was an American multinational enterprise software developer and publisher that existed from 1976 to 2018. CA grew to rank as one of the largest independent software corporations in the world, and at one point was the second largest. The company created systems software (and for a while applications software) that ran in IBM mainframe, distributed computing, virtual machine, and cloud computing environments.

CA Technologies, Inc.
Headquarters in Islandia, New York (2009)
Formerly
  • Computer Associates International, Inc.
  • CA, Inc.
Company typePublic
IndustrySoftware
Founded1976; 48 years ago (1976) in New York City, New York, United States
Founders
Defunct2018; 6 years ago (2018)
FateAcquired by Broadcom Inc.
HeadquartersIslandia, New York, United States
ProductsEnterprise software
Websitewww.ca.com

The company's primary founder was Charles Wang. The main key to Computer Associates' fast growth was the acquisition of many lesser-sized software companies in the IBM mainframe industry segment. CA was known for large-scale dismissals of employees in the acquired firms, and for sometimes extracting cash flow from acquired products rather than enhancing them. Customers of CA often criticized the company for its poor technical support and hostile attitude. CA underwent a major accounting scandal in the early 2000s that led to several past executives being sent to prison. However by the 2010s, CA was ranked high by several corporate responsibility and recognition metrics.[citation needed]

Computer Associates had its origins in both Switzerland (Zurich and Geneva) and in the United States (New York City). It was headquartered on Long Island for most of its history, at first Jericho and Garden City in Nassau County, then Suffolk County for two decades in Islandia before moving back to Manhattan in 2014. In 2018, the company was acquired by Broadcom Inc., a semiconductor manufacturer, for nearly $19 billion.

History edit

Origins edit

The origins of Computer Associates International lie in a Swiss software products company and a New York data services company.

Samuel W. Goodner was a Texan who was working for the American businessman Sam Wyly's company, University Computing Company (UCC).[1] UCC had acquired the Swiss computer services company Automation Center A.G., founded by the Swiss businessman Walter Haefner, and Wyly despatched Goodner to Europe to watch over it.[2] By 1970, UCC was experiencing financial difficulties, and Goodner, who admired some of Haefner's management practices, decided to leave and start his own firm that would engage in software product development.[2] A company by the name of Computer Associates A.G.[3] was founded in 1970 by Goodner and was located in Zurich, Switzerland.[4]

Meanwhile, under regulatory pressure in 1969, IBM had announced its decision to unbundle the sale of computer hardware from its software and support services,[5][6] i.e., mainframe computers from computer programs, etc. The decision opened new markets to competition and provided an opportunity for entrepreneurs to enter the nascent software industry[7]  — an opportunity that Goodner sought to exploit by developing and selling software products for the IBM mainframe market.[4]

The new firm Computer Associates was underfinanced, but it did have a customer in the Swiss pharmaceutical giant Hoffmann-La Roche and it had developed a sorting program for Hoffmann-La Roche.[4] The new sort had superior efficiency,[8] and, starting in 1971,[9] Computer Associates began selling in Europe the CA-SORT package as a plug-in replacement for the IBM Sort on IBM System/360 and System/370 mainframe platforms.[10][11] The firm sought to sell in countries other than Switzerland, and created a holding company for that purpose; distributors were signed up in different European countries, some of which would then be acquired by Computer Associates.[4] As of 1971, Computer Associates International SA was described as being based in Geneva,[11] and Geneva would be its headquarters through the rest of the 1970s.[9][12] Then in mid-1974,[13] CA-SORT began being distributed and sold in the United States by Pansophic Systems,[9] under the name Pansort.[13] By 1974, the firm was referred to as Computer Associates International Ltd.[9]

In New York City, Standard Data Corporation was a company that was mainly in the service bureau business for electronic data processing.[14] One of the first such companies,[15] it had been in existence since 1959,[16] and was located at 1540 Broadway in Manhattan.[17][18] In 1973, Standard Data began offering the SYMBUG product for sale, which was a symbolic debugger for the COBOL programming language on the IBM mainframe VM/370 platform.[19] In addition, by October 1974, Standard Data was advertising several other products for VM/CMS, including VM/370 ISAM, an emulation of OS ISAM in VM/CMS, as well as SYMBUG for other languages.[18] Eventually Standard Data created a Software Products Division, of which Charles B. Wang was a vice-president.[20] Wang too sought to take advantage of the IBM unbundling decision by developing and marketing software products for the IBM mainframe.[7]

In January 1976, an agreement was signed whereby Pansophic Systems relinquished U.S. rights to CA-SORT and Standard Data Corporation took those exclusive rights over and in the so doing, restored the product name to its European form.[21] Standard Data also gained U.S. rights to a report generator package called EARL (for Easy Access Report Language).[21]

1970s edit

Then in October 1976, a merger was announced between Computer Associates International Ltd and the Software Products Division of Standard Data Corporation, with this merger creating a new entity, Computer Associates, Inc., with Wang as president.[20]

 
Computer Associates' first offices were at 655 Madison Avenue in Manhattan (here seen in 2023)

The newly created company would continue to market CA-SORT in the United States and in the rest of the Western hemisphere, while the existing European firm would market some of Standard Data's products such as SYMBUG.[20] The new company had an office at 655 Madison Avenue.[22] (The main part of Standard Data Corporation continued on as a company, supplying computer services for several kinds of organizations; the company persisted into the 2010s, but its website does not appear to have been accessible after 2018.[23])

It is thus to 1976 that the creation of what would become the well-known Computer Associates company is usually dated.[8][24][25] This new venture began with four employees.[8] One of them was Russell Artzt, who had met Wang in college, worked with him at Standard Data Corporation, was responsible for programming some of the early software products the new company was offering.[26] Artzt is accordingly considered a co-founder of the well-known Computer Associates.[26][24]

But that would still be awaiting. Soon, the new American venture's name would appear as Trans-American Computer Associates, Inc., in the sense that by September 1977, the company's advertisements were copyrighted to Trans-American Computer Associates, Inc., while CA-SORT 77 was copyrighted to Computer Associates International Ltd.[27] For instance, CA-DYNAM/D was a disk utility for IBM mainframes running DOS and DOS/VS that did disk space management, disk cataloguing, and other such functions;[28] announced in 1977, its trademark belonged to Trans-American Computer Associates, indicating it was developed in America rather than Europe.[28]

 
CA's Jericho office was a short distance away from this 2010 scene on Jericho Turnpike

In 1979, offices of the American company were moved to Long Island at Jericho, New York,[29] at 125 Jericho Turnpike.[30]

By 1980, the overall Computer Associates International had some 300 employees across its locations around the globe and was selling 12 different products to what it said were 9,000 different customer installation sites.[14] Sales from the United States were the biggest market for the company.[4] In 1980, Wang bought out the Swiss parent company and Computer Associates International, Inc. became his.[14]

1980s edit

 
Old logo of Computer Associates

Computer Associates had an IPO in 1981 that garnered the company a modest $3.2 million.[31] Its stock traded on the NASDAQ using the stock symbol "CASI".

The first significant acquisition in CA's history took place in 1982, when it merged with Capex Corporation, resulting in a 50 percent increase in CA's revenues.[31] Both CA and Capex made software products for the IBM mainframe, but while by CA's own marketing statements CA had visibility and success in software products for IBM's DOS mainframe operating system, potential customers did not think CA was strong in products for the IBM OS mainframe operating system.[32] In contrast, this was an area where Capex had established itself.[33]

The acquisition of Capex was generally viewed as having been successful.[33] It was the start of what was to become a buying spree for Computer Associates over the next several years.[34] The company specialized in going after third-party mainframe software.[35]

 
CA's main Garden City office was just south of Roosevelt Field, seen here in a satellite view

By 1986, Computer Associates had moved its headquarters again, to Garden City.[36] They would come to be situated in five other buildings within Nassau County as well.[37]

CA's strategy for growth reached a new level with its deal for Uccel in 1987, which valued at $800 million was an order of magnitude larger than any of its previous acquisitions.[31] Uccel was a new name for UCC, which Haefner had gained control of from Wyly in 1976 and which had undergone ups and downs in the years since.[2] Of Uccel's existing staff of 1,200 people, 550 were let go; this kind of harsh post-acquisition reduction measure was typical for the company and became a part of CA's public image.[31] Haefner became Computer Associates' largest individual shareholder, with a stake that comprised about 25 percent of the company.[2]

In 1987, CA's stock began trading on the New York Stock Exchange using the ticker symbol "CA". In 1988, the company purchased the principal software product of Consco.[38]

As the decade ended, CA became the first software company after Microsoft to exceed $1 billion in sales.[39] Information Week listed Computer Associates ahead of Microsoft in a 1990 roundup titled "Software's Heavy Hitters."[40]

1990s edit

 
CA House in Canberra, Australia, as seen in 2009

Early in the decade, Computer Associates was forced to address criticism of the company as well as a sharp decline in its stock price, which fell more than 50 percent during 1990. The ensuing changes included pushing into foreign markets (Japan, Canada, Africa, Latin America), reforming how the company charged its customers for software maintenance, and improving compatibility with products from other vendors, such as Hewlett-Packard (HP), Apple Computer, and Digital Equipment Corporation (DEC). In addition, the company was not immune to the effects of the early 1990s recession, and by October 1991 the stock was down by around 70 percent from its earlier peak in May 1989.[37] At this point, CA had some 7,000 employees,[37] and around $1.4 billion in sales,[41]

In 1991, CA acquired Pansophic Systems.[42][43]

After 2½ years of planning and construction, the company began moving its headquarters to Islandia, New York in Suffolk County in 1992, consolidating all of the Nassau County operations.[37] There it would occupy a large corporate campus with three office buildings.[44] By this juncture, CA was Long Island's second largest private employer, after Grumman Aerospace, and Suffolk County politicians had given CA substantial tax abatements and assistance with construction financing to lure the company there.[37]

In 1994, CA acquired the ASK Group and continued to offer the Ingres database management system under a variety of brand names.[45]

In 1992, the company was sued by Electronic Data Systems (EDS), a CA customer. EDS accused CA of breach of contract, misuse of copyright and violations of antitrust laws. CA filed a counterclaim, also alleging breach of contract, including copyright infringement and misappropriation of trade secrets.[46] The companies reached a settlement in 1996.[47][7]

In 1995, Legent Corporation was acquired for $1.78 billion, the biggest-ever acquisition in the software industry at that time, and Cheyenne Software for $1.2 billion in 1996. CA executed the software industry's then-largest acquisition ($3.5 billion) via Platinum Technology International in 1999.

In 1998, an unsuccessful and hostile takeover bid by CA for computer consulting firm Computer Sciences Corporation (CSC) prompted a bribery suit by CSC's chairman Van Honeycutt against CA's founder and then CEO, Charles Wang.[48]

By the end of the 1990s, Computer Associates was the dominant company among providers of utility software tools for the mainframe.[49] Personal computer software firms such as Microsoft, Lotus Software, and WordPerfect Corporation were much more recognizable as names to the general public.[31] but while this mainframe industry segment was not widely known, it was a renumeratively rewarding one.[49] A profile in Business Week in 1996 was headlined "Computer Associates: Sexy? No. Profitable? You Bet ",[50] and that accurately conveyed the company's place in the industry.[31]

In May 1998 stock grants were issued to Wang and two others together worth $1.1 billion at the time.[51] In 1999, Wang received the largest bonus in history at that time from a public company. The receipt of a $670 million stock grant that dated to the vesting of a 1995 stock option occurred while the company faced a slowdown in European markets and an economic slump in Asia, both of which had affected CA's earnings and stock price.[52] The stock grants thus became quite controversial.[53] In total, the company took a $675 million after-tax charge for $1.1 billion in payouts to Wang and other top CA executives.[7][54]

Company culture edit

Computer Associates received poor marks for customer relations, with a reputation of being more interested in making sales than providing support afterward.[7] To some extent, the CA sales force regarded customers as foes.[55] In 2001, The New York Times wrote that "Computer Associates has infuriated clients with high prices and poor technical support."[49] Fortune wrote, "For all its ubiquity inside the tech departments of corporate America, CA had a horrendous reputation. Where Microsoft has long been the most feared software company, the old CA claimed the title of most despised – not by competitors but by its own customers."[55]

Detractors of CA accused it of putting newly acquired software products into maintenance mode and milking them for cash flow.[55] The products themselves were expensive and central to what corporate IT departments were doing, and so customers found it difficult to move away from CA.[55] As Fortune wrote, "These products made it the barnacle of corporate America: Once you had CA software onboard, it was so onerous and expensive to pull it out that few customers ever did. That led to a lot of steady cash flow – and to arrogance on the part of CA's management."[55] Or as The Register wrote, "CA used acquisitions to grow its portfolio.... Along the way it acquired a reputation as the place decent software goes to die."[35] Nonetheless, as the Times noted in 2001: "To be sure, complaints about Computer Associates' prices and customer support have been around almost as long as the company, and it has always outlasted its detractors."[49]

As some industry analysts observed, the culture of Computer Associates reflected Wang's personality and background, that of an immigrant educated at the non-elite Queens College, City University of New York.[31][55] Wang did not admire or belong to the Silicon Valley mindset and either insulted or avoided its ecosystem of industry analysts and venture capitalists.[50] The company's sales force was composed largely of people with blue-collar backgrounds from New York's outer boroughs and Long Island.[55] With them, CA had a reputation for being, as BusinessWeek wrote, "smart, aggressive, and consistently profitable".[50]

Internally, as the Times wrote, "Over the years, [the company] has gained a reputation as a callous employer that dismisses workers without warning while top executives take home eight- and sometimes nine-figure pay packages."[49] In particular, Computer Associates had a reputation for mass dismissals within companies it had taken over.[56][55][8][43] This was the case with Applied Data Research, for instance, as some 200 employees from its Montgomery Township, New Jersey facility were let go on a single morning in 1988.[56] Similarly, at Cullinet, around 400 employees, comprising a quarter of the company's workforce were told to clear out their desks on a day in 1989.[8] As Sam Wyly, the head of Sterling Software, reflected upon his decision in 2000 to sell that company to Computer Associates: "It wasn't easy for us because of our concern about the CA culture. It wasn't the ideal end place for our products and people. We agonized over that, but our overriding duty was to the shareholders, so we went ahead with the deal."[57]

A contrarian view of Computer Associates was given by computer industry historian Martin Campbell-Kelly, writing around 2001, who gave the company credit for continuing to enhance the DATACOM/DB and IDMS database products it had acquired and for doing the work to have its databases and utility products be able to interoperate.[31] Campbell also saw the act of staffing reductions as "rationalization" of existing businesses that in some cases were not performing well.[31] A hybrid characterization was given in 2002 by Pansophic Systems founder Joseph A. Piscopo, who said that while his company, acquired in 1991, had suffered the typical fate of CA reducing it to just the minimal staff needed to keep maintenance revenue going, in a few cases CA did actually invest in companies it acquired as part of an internal product development strategy, with Cheyenne Software being one such instance.[58]

Accounting scandal edit

 
A letter to shareholders from Wang and Kumar in 2002, maintaining that the company was not in trouble, and a court-approved letter to shareholders in 2003, after CA reached a settlement on charges of securities fraud

By 2000, Computer Associates had acquired on the order of magnitude of 200 companies.[49] In that year, Sanjay Kumar replaced Wang as chief executive officer, with the latter remaining as chairman of Computer Associates' board of directors.[59] Then in 2002, Wang departed completely and Kumar became chairman as well.[60]

In 2000, a shareholder-based class-action lawsuit accused CA of misstating more than $500 million in revenue in its 1998 and 1999 fiscal years in order to artificially inflate its stock price.[61] In 2001, a proxy battle ensued between the board of directors and shareholders led by Wyly, who was unhappy with how CA was being run and especially with how his acquired Sterling Software was being treated.[53] Wyly was not trying to buy the company, but rather trying to get shareholders to elect a new board of directors that would include him as chair.[62] Wyly had hopes of appealing to Haefner, as their business relationship dated back to the 1960s, but Haefner stayed loyal to Wang.[2] In the end, Wyly's two attempts failed; he gave up the struggle in 2002 and received a $10 million payment that was characterized as "greenmail" by some, but not all, industry analysts.[63]

Meanwhile, by early 2002 it was public knowledge that the Securities and Exchange Commission (SEC) and the U.S. Attorney's Office for the Eastern District of New York had instantiated investigations as to whether CA had engaged in accounting fraud.[64] CA had to cancel a plan to refinance its debt after Moody's Investors Service indicated it might downgrade the company's credit rating, an action that the service soon took.[64] Later in 2002 the U.S. Department of Justice limited CA's acquisitions.[65]

The investigation by the SEC resulted in charges against the company and some of its former top executives.[66] The SEC alleged that from 1998 to 2000, CA routinely kept its books open to include quarterly revenue from contracts executed after the quarter ended in order to meet Wall Street analysts' expectations.[67] As one account from the Wharton School of the University of Pennsylvania wrote, "The SEC said the goal was to meet or beat per-share earnings estimates of Wall Street analysts, a key to keeping a company's stock price rising. ... In all, the company prematurely reported $3.3 billion in revenues from 363 software contracts. ... Moreover, executives at Computer Associates were big shareholders themselves, and many held enormous blocks of stock options. They therefore had a big financial stake in the share price, and thus an incentive to inflate results."[68]

Kumar resigned as CEO and chairman of the company in 2004,[68] staying on as chief software architect, then two months later left the company completely.[69] Following the change in executive leadership, the company restated its earnings for 2000 and 2001 due to the unaccepted revenues policies.[69] Around the same time in 2004, the company avoided indictment for involvement in the 35 day month accounting scandal by reaching a settlement with the SEC and Department of Justice, in which CA agreed to pay $225 million in restitution to shareholders and reform its corporate governance and financial accounting controls.[70][71][72]

Eight CA executives pleaded guilty to fraud or obstruction of justice charges,[55] and several received prison terms.[72] Most notably, in 2006 former CEO and chairman Kumar was sentenced to 12 years in prison and fined $8 million for his role in the massive accounting fraud at Computer Associates.[73][74][75] The company subsequently made sweeping changes through virtually all of its senior leadership positions.[76] Overall the company spent over $500 million on investigations and fines.[77]

2000s edit

 
Computer Associates building in Plano, Texas, as seen in 2005

By 2001, Computer Associates was the fourth-biggest among independent software companies and had 18,000 employees.[49] Attempts to diversify away from the mainframe business had not met with much success.[49]

CA started the India Technology Centre in Hyderabad on December 10, 2003. In 2004, CA appointed ex-IBM employee John Swainson as CEO.[78] Swainson tried to turn things around, but was hampered by trouble that the company had in fixing its internal finance and accounting systems.[55]

During this time, the company presented its Enterprise IT Management (EITM) vision to unify and simplify enterprise-wide IT[79] By 2006, the company had 15,000 employees.[55]

The company's original name of Computer Associates International, Inc. was changed to CA, Inc. in January 2006.[80] The company said that the change reflected a changed focus towards helping customers "simplify the management of enterprise-wide IT"; it also came shortly before Kumar pleaded guilty to the array of charges against him.[80]

On September 1, 2009, CA announced CEO John Swainson's decision to retire by the end of the year.[78] On January 28, 2010, CA announced that William E. McCracken would be its chairman of the board and chief executive officer.[81]

2010s edit

 
A keynote address at the CA World Expo '12 conference in São Paulo, Brazil

In May 2010, at the opening of the CA World 2010 conference in Las Vegas, the company announced it was changing its name again, to CA Technologies.[80] For a reason, the company said the new name "reflects the full breadth and depth of what the company offers."[80]

In 2010, the company acquired eight companies to support its cloud computing strategy: 3Tera,[82] Nimsoft,[83] NetQoS,[84] Oblicore,[85] Cassatt,[86] 4Base Technology,[87] Arcot Systems,[88] and Hyperformix.[89][90] It also acquired Replay Solutions.[91] In 2011, CA acquired ITKO for $330 million.[92] Two years later, it acquired app deployment and management company Nolio for approximately $40 million,[93] as well as Layer7.

 
CA building (left-center) in Herzliya, Israel, as seen in 2010

The company had been a provider of anti-virus and Internet security commercial software programs for personal computers during its venture into the business-to-consumer market.[94] In 2011, CA sold its antivirus properties to Updata Partners, which spun the division off as Total Defense.[95][96] After the spinoff, CA became primarily known again for its business-to-business mainframe and distributed (client/server, etc.) information technology infrastructure applications.[94]

On January 7, 2013, CA Technologies announced that Michael P. Gregoire would be a member of the board and new chief executive officer.[97][98] In June 2014, CA Technologies moved its headquarters, without an announcement, from Islandia in Suffolk County, to 520 Madison Avenue in New York City.[99]

 
The final headquarters office for CA was at 520 Madison Avenue in Manhattan (here seen in 2023)

In 2015, the company made four acquisitions, including Rally software for $480 million,[100] Unifyalm, Gridtools,[101] Idmlogic,[102] and Xceedium.[103]

In 2016, CA acquired Blazemeter,[104] Automic,[105] Veracode,[106] and Runscope[107] in 2017.

CA Technologies posted $4.2 billion in revenue for fiscal year 2018 (ending March 31, 2018).[108] Mainframe products and services was still the major of CA's income, comprising about $2.2 billion in the fiscal year, while its so-called enterprise solutions market segment contributed some $1.75 billion and its services business around $0.3 billion.[35] As of 2018, CA Technologies maintained offices in more than 40 countries and employed approximately 11,300 people.[108]

On August 8, 2018, CEO Mike Gregoire was elected as chairman of CA Technologies board of directors, replacing retiring chairman Art Weinbach.[109]

Acquisition by Broadcom edit

 
Letter to shareholders asking for approval of acquisition by Broadcom

On July 11, 2018, Broadcom Inc. announced it would acquire CA Technologies for $18.9 billion in cash.[110] CA's head, Mike Gregoire, said, "This combination aligns our expertise in software with Broadcom's leadership in the semiconductor industry."[77] The acquisition puzzled some industry observers, since the two companies' businesses seemed to have little in common.[77][35] One analyst acknowledged that Broadcom could generate cash from the CA operations, but commented: "Financially, it can make sense. But what's the strategic logic?"[77] The Register termed it the "Weirdest. Acquisition. Ever."[35] The transaction was closed on November 5, 2018.[111]

The irony of the reversal of positions did not go unnoticed, with The Register saying "CA Technologies, long a byword for making acquisitions, has been acquired by Broadcom."[35] And Broadcom, like CA, had a reputation for making large reductions in the companies it had just acquired.[112][113] Immediately after the acquisition closed, Broadcom laid off former CA Technologies workers in Silicon Valley[113] and Plano, Texas. It also laid off 262 former CA Technologies employees in Islandia and some in Manhattan.[114] Then, Long Island-based Newsday reported that about 40 percent of all CA employees in the United States would be laid off, adding up to almost 2,000 people being let go.[112] Not long after the Broadcom acquisition, the large Computer Associates campus in Islandia was abandoned.[44]

Corporate responsibility and recognition edit

 
CEO Michael Gregoire (third from left) listening at the World Economic Forum on Latin America, 2018

During the mid-1990s, Computer Associates realized it had an image problem, both externally and internally, and consequently created a public relations department within the company and also adopted some more employee-friendly human resources policies.[31]

Sustainability edit

In 2010, CA was listed among the greenest companies by Newsweek's Green rankings.[115] CA has been named a component of the Dow Jones Sustainability Indexes (DJSI) for seven years, from 2012 to 2018. In 2015 and 2016, CA was ranked as one of America's Greenest companies by Newsweek.[116][117]

In 2017, the company scored an A− from CDP, the world's most comprehensive rating of companies leading on environmental action, for environmental performance and disclosure.[118]

According to a corporate sustainability report released by the company in 2018, CA reduced its Greenhouse Gas Footprint by more than 35 percent since 2006.[119] It received the Climate Leadership Award in Excellence in GHG Management in 2018,[120] and was included in Barron's 100 Most Sustainable Companies in 2018 as well.[121]

In February 2018, CA was named one of the World's Most Ethical Companies by Ethisphere Institute for the third consecutive year.[122][123]

Equality and diversity edit

CA Technologies was named one of the best companies for multicultural women by Working Mother Magazine for four consecutive years, from 2015 to 2018[124][125][126] as well as one of the 100 Best Companies from 2015 to 2017.[127][128] The company was also awarded 4.3 of 5 stars by InHerSight as one of the Top 10 IT Companies for Women in 2017.[129] In 2015 and 2016, Fatherly.com ranked CA as one of the Best Places to Work for New Dads.[130][131]

In 2018, CA was named a NAFE top company for executive women.[132] CA was also included in the Bloomberg Gender-Equality Index (GEI) in 2018.[133]

In 2018, for the fourth consecutive year, the Human Rights Campaign Foundation ranked CA as one of the Best Places to Work for LGBTQ+ Equality.[134]

CA CEO Mike Gregoire is a signatory of the CEO Action for Diversity and Inclusion pledge.[135]

Work environments edit

 
CA European HQ, Berkshire UK, as seen in 2014

For four consecutive years, 2015–2018, CA was named by Computerworld as one of the Best Places to Work in IT.[136][137][138][139] In 2017, it was named to the Forbes list of America's Best Employers[140] and recognized with a STAR Award for Leadership and Innovation by the Technology Services Industry Association (TSIA).[141]

In 2018, CA was named to the Thomson Reuters World's Top 100 Technology companies[142] and for six consecutive years has been the recipient of the NorthFace ScoreBoard Award from Customer Relationship Management Institute (CRMI).[143]

Acquisitions edit

Main article: List of mergers and acquisitions by CA Technologies

CA had a long history of acquisitions in the software industry. It grew its portfolio and became successful through acquiring many companies in disparate fields, including system monitoring and management, ID management, security, and anti-virus, among others.[35]

See also edit

References edit

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Further reading edit

  • 21st Century Management: The Revolutionary Strategies That Have Made Computer Associates a Multibillion-Dollar Software Giant, by Hesh Kestin, (1992, Atlantic Monthly Press)

External links edit

  • Official website
  • CA-SORT User's Guide, at Broadcom website

January 01, 1970
technologies, formerly, computer, associates, international, american, multinational, enterprise, software, developer, publisher, that, existed, from, 1976, 2018, grew, rank, largest, independent, software, corporations, world, point, second, largest, company,. CA Technologies Inc formerly Computer Associates International Inc and CA Inc was an American multinational enterprise software developer and publisher that existed from 1976 to 2018 CA grew to rank as one of the largest independent software corporations in the world and at one point was the second largest The company created systems software and for a while applications software that ran in IBM mainframe distributed computing virtual machine and cloud computing environments CA Technologies Inc Headquarters in Islandia New York 2009 FormerlyComputer Associates International Inc CA Inc Company typePublicIndustrySoftwareFounded1976 48 years ago 1976 in New York City New York United StatesFoundersCharles B WangRussell ArtztDefunct2018 6 years ago 2018 FateAcquired by Broadcom Inc HeadquartersIslandia New York United StatesProductsEnterprise softwareWebsitewww wbr ca wbr com The company s primary founder was Charles Wang The main key to Computer Associates fast growth was the acquisition of many lesser sized software companies in the IBM mainframe industry segment CA was known for large scale dismissals of employees in the acquired firms and for sometimes extracting cash flow from acquired products rather than enhancing them Customers of CA often criticized the company for its poor technical support and hostile attitude CA underwent a major accounting scandal in the early 2000s that led to several past executives being sent to prison However by the 2010s CA was ranked high by several corporate responsibility and recognition metrics citation needed Computer Associates had its origins in both Switzerland Zurich and Geneva and in the United States New York City It was headquartered on Long Island for most of its history at first Jericho and Garden City in Nassau County then Suffolk County for two decades in Islandia before moving back to Manhattan in 2014 In 2018 the company was acquired by Broadcom Inc a semiconductor manufacturer for nearly 19 billion Contents 1 History 1 1 Origins 1 2 1970s 1 3 1980s 1 4 1990s 1 5 Company culture 1 6 Accounting scandal 1 7 2000s 1 8 2010s 1 9 Acquisition by Broadcom 2 Corporate responsibility and recognition 2 1 Sustainability 2 2 Equality and diversity 2 3 Work environments 3 Acquisitions 4 See also 5 References 6 Further reading 7 External linksHistory editOrigins edit The origins of Computer Associates International lie in a Swiss software products company and a New York data services company Samuel W Goodner was a Texan who was working for the American businessman Sam Wyly s company University Computing Company UCC 1 UCC had acquired the Swiss computer services company Automation Center A G founded by the Swiss businessman Walter Haefner and Wyly despatched Goodner to Europe to watch over it 2 By 1970 UCC was experiencing financial difficulties and Goodner who admired some of Haefner s management practices decided to leave and start his own firm that would engage in software product development 2 A company by the name of Computer Associates A G 3 was founded in 1970 by Goodner and was located in Zurich Switzerland 4 Meanwhile under regulatory pressure in 1969 IBM had announced its decision to unbundle the sale of computer hardware from its software and support services 5 6 i e mainframe computers from computer programs etc The decision opened new markets to competition and provided an opportunity for entrepreneurs to enter the nascent software industry 7 an opportunity that Goodner sought to exploit by developing and selling software products for the IBM mainframe market 4 The new firm Computer Associates was underfinanced but it did have a customer in the Swiss pharmaceutical giant Hoffmann La Roche and it had developed a sorting program for Hoffmann La Roche 4 The new sort had superior efficiency 8 and starting in 1971 9 Computer Associates began selling in Europe the CA SORT package as a plug in replacement for the IBM Sort on IBM System 360 and System 370 mainframe platforms 10 11 The firm sought to sell in countries other than Switzerland and created a holding company for that purpose distributors were signed up in different European countries some of which would then be acquired by Computer Associates 4 As of 1971 Computer Associates International SA was described as being based in Geneva 11 and Geneva would be its headquarters through the rest of the 1970s 9 12 Then in mid 1974 13 CA SORT began being distributed and sold in the United States by Pansophic Systems 9 under the name Pansort 13 By 1974 the firm was referred to as Computer Associates International Ltd 9 In New York City Standard Data Corporation was a company that was mainly in the service bureau business for electronic data processing 14 One of the first such companies 15 it had been in existence since 1959 16 and was located at 1540 Broadway in Manhattan 17 18 In 1973 Standard Data began offering the SYMBUG product for sale which was a symbolic debugger for the COBOL programming language on the IBM mainframe VM 370 platform 19 In addition by October 1974 Standard Data was advertising several other products for VM CMS including VM 370 ISAM an emulation of OS ISAM in VM CMS as well as SYMBUG for other languages 18 Eventually Standard Data created a Software Products Division of which Charles B Wang was a vice president 20 Wang too sought to take advantage of the IBM unbundling decision by developing and marketing software products for the IBM mainframe 7 In January 1976 an agreement was signed whereby Pansophic Systems relinquished U S rights to CA SORT and Standard Data Corporation took those exclusive rights over and in the so doing restored the product name to its European form 21 Standard Data also gained U S rights to a report generator package called EARL for Easy Access Report Language 21 1970s editThen in October 1976 a merger was announced between Computer Associates International Ltd and the Software Products Division of Standard Data Corporation with this merger creating a new entity Computer Associates Inc with Wang as president 20 nbsp Computer Associates first offices were at 655 Madison Avenue in Manhattan here seen in 2023 The newly created company would continue to market CA SORT in the United States and in the rest of the Western hemisphere while the existing European firm would market some of Standard Data s products such as SYMBUG 20 The new company had an office at 655 Madison Avenue 22 The main part of Standard Data Corporation continued on as a company supplying computer services for several kinds of organizations the company persisted into the 2010s but its website does not appear to have been accessible after 2018 23 It is thus to 1976 that the creation of what would become the well known Computer Associates company is usually dated 8 24 25 This new venture began with four employees 8 One of them was Russell Artzt who had met Wang in college worked with him at Standard Data Corporation was responsible for programming some of the early software products the new company was offering 26 Artzt is accordingly considered a co founder of the well known Computer Associates 26 24 But that would still be awaiting Soon the new American venture s name would appear as Trans American Computer Associates Inc in the sense that by September 1977 the company s advertisements were copyrighted to Trans American Computer Associates Inc while CA SORT 77 was copyrighted to Computer Associates International Ltd 27 For instance CA DYNAM D was a disk utility for IBM mainframes running DOS and DOS VS that did disk space management disk cataloguing and other such functions 28 announced in 1977 its trademark belonged to Trans American Computer Associates indicating it was developed in America rather than Europe 28 nbsp CA s Jericho office was a short distance away from this 2010 scene on Jericho Turnpike In 1979 offices of the American company were moved to Long Island at Jericho New York 29 at 125 Jericho Turnpike 30 By 1980 the overall Computer Associates International had some 300 employees across its locations around the globe and was selling 12 different products to what it said were 9 000 different customer installation sites 14 Sales from the United States were the biggest market for the company 4 In 1980 Wang bought out the Swiss parent company and Computer Associates International Inc became his 14 1980s edit nbsp Old logo of Computer Associates Computer Associates had an IPO in 1981 that garnered the company a modest 3 2 million 31 Its stock traded on the NASDAQ using the stock symbol CASI The first significant acquisition in CA s history took place in 1982 when it merged with Capex Corporation resulting in a 50 percent increase in CA s revenues 31 Both CA and Capex made software products for the IBM mainframe but while by CA s own marketing statements CA had visibility and success in software products for IBM s DOS mainframe operating system potential customers did not think CA was strong in products for the IBM OS mainframe operating system 32 In contrast this was an area where Capex had established itself 33 The acquisition of Capex was generally viewed as having been successful 33 It was the start of what was to become a buying spree for Computer Associates over the next several years 34 The company specialized in going after third party mainframe software 35 nbsp CA s main Garden City office was just south of Roosevelt Field seen here in a satellite view By 1986 Computer Associates had moved its headquarters again to Garden City 36 They would come to be situated in five other buildings within Nassau County as well 37 CA s strategy for growth reached a new level with its deal for Uccel in 1987 which valued at 800 million was an order of magnitude larger than any of its previous acquisitions 31 Uccel was a new name for UCC which Haefner had gained control of from Wyly in 1976 and which had undergone ups and downs in the years since 2 Of Uccel s existing staff of 1 200 people 550 were let go this kind of harsh post acquisition reduction measure was typical for the company and became a part of CA s public image 31 Haefner became Computer Associates largest individual shareholder with a stake that comprised about 25 percent of the company 2 In 1987 CA s stock began trading on the New York Stock Exchange using the ticker symbol CA In 1988 the company purchased the principal software product of Consco 38 As the decade ended CA became the first software company after Microsoft to exceed 1 billion in sales 39 Information Week listed Computer Associates ahead of Microsoft in a 1990 roundup titled Software s Heavy Hitters 40 1990s edit nbsp CA House in Canberra Australia as seen in 2009 Early in the decade Computer Associates was forced to address criticism of the company as well as a sharp decline in its stock price which fell more than 50 percent during 1990 The ensuing changes included pushing into foreign markets Japan Canada Africa Latin America reforming how the company charged its customers for software maintenance and improving compatibility with products from other vendors such as Hewlett Packard HP Apple Computer and Digital Equipment Corporation DEC In addition the company was not immune to the effects of the early 1990s recession and by October 1991 the stock was down by around 70 percent from its earlier peak in May 1989 37 At this point CA had some 7 000 employees 37 and around 1 4 billion in sales 41 In 1991 CA acquired Pansophic Systems 42 43 After 2 years of planning and construction the company began moving its headquarters to Islandia New York in Suffolk County in 1992 consolidating all of the Nassau County operations 37 There it would occupy a large corporate campus with three office buildings 44 By this juncture CA was Long Island s second largest private employer after Grumman Aerospace and Suffolk County politicians had given CA substantial tax abatements and assistance with construction financing to lure the company there 37 In 1994 CA acquired the ASK Group and continued to offer the Ingres database management system under a variety of brand names 45 In 1992 the company was sued by Electronic Data Systems EDS a CA customer EDS accused CA of breach of contract misuse of copyright and violations of antitrust laws CA filed a counterclaim also alleging breach of contract including copyright infringement and misappropriation of trade secrets 46 The companies reached a settlement in 1996 47 7 In 1995 Legent Corporation was acquired for 1 78 billion the biggest ever acquisition in the software industry at that time and Cheyenne Software for 1 2 billion in 1996 CA executed the software industry s then largest acquisition 3 5 billion via Platinum Technology International in 1999 In 1998 an unsuccessful and hostile takeover bid by CA for computer consulting firm Computer Sciences Corporation CSC prompted a bribery suit by CSC s chairman Van Honeycutt against CA s founder and then CEO Charles Wang 48 By the end of the 1990s Computer Associates was the dominant company among providers of utility software tools for the mainframe 49 Personal computer software firms such as Microsoft Lotus Software and WordPerfect Corporation were much more recognizable as names to the general public 31 but while this mainframe industry segment was not widely known it was a renumeratively rewarding one 49 A profile in Business Week in 1996 was headlined Computer Associates Sexy No Profitable You Bet 50 and that accurately conveyed the company s place in the industry 31 In May 1998 stock grants were issued to Wang and two others together worth 1 1 billion at the time 51 In 1999 Wang received the largest bonus in history at that time from a public company The receipt of a 670 million stock grant that dated to the vesting of a 1995 stock option occurred while the company faced a slowdown in European markets and an economic slump in Asia both of which had affected CA s earnings and stock price 52 The stock grants thus became quite controversial 53 In total the company took a 675 million after tax charge for 1 1 billion in payouts to Wang and other top CA executives 7 54 Company culture edit Computer Associates received poor marks for customer relations with a reputation of being more interested in making sales than providing support afterward 7 To some extent the CA sales force regarded customers as foes 55 In 2001 The New York Times wrote that Computer Associates has infuriated clients with high prices and poor technical support 49 Fortune wrote For all its ubiquity inside the tech departments of corporate America CA had a horrendous reputation Where Microsoft has long been the most feared software company the old CA claimed the title of most despised not by competitors but by its own customers 55 Detractors of CA accused it of putting newly acquired software products into maintenance mode and milking them for cash flow 55 The products themselves were expensive and central to what corporate IT departments were doing and so customers found it difficult to move away from CA 55 As Fortune wrote These products made it the barnacle of corporate America Once you had CA software onboard it was so onerous and expensive to pull it out that few customers ever did That led to a lot of steady cash flow and to arrogance on the part of CA s management 55 Or as The Register wrote CA used acquisitions to grow its portfolio Along the way it acquired a reputation as the place decent software goes to die 35 Nonetheless as the Times noted in 2001 To be sure complaints about Computer Associates prices and customer support have been around almost as long as the company and it has always outlasted its detractors 49 As some industry analysts observed the culture of Computer Associates reflected Wang s personality and background that of an immigrant educated at the non elite Queens College City University of New York 31 55 Wang did not admire or belong to the Silicon Valley mindset and either insulted or avoided its ecosystem of industry analysts and venture capitalists 50 The company s sales force was composed largely of people with blue collar backgrounds from New York s outer boroughs and Long Island 55 With them CA had a reputation for being as BusinessWeek wrote smart aggressive and consistently profitable 50 Internally as the Times wrote Over the years the company has gained a reputation as a callous employer that dismisses workers without warning while top executives take home eight and sometimes nine figure pay packages 49 In particular Computer Associates had a reputation for mass dismissals within companies it had taken over 56 55 8 43 This was the case with Applied Data Research for instance as some 200 employees from its Montgomery Township New Jersey facility were let go on a single morning in 1988 56 Similarly at Cullinet around 400 employees comprising a quarter of the company s workforce were told to clear out their desks on a day in 1989 8 As Sam Wyly the head of Sterling Software reflected upon his decision in 2000 to sell that company to Computer Associates It wasn t easy for us because of our concern about the CA culture It wasn t the ideal end place for our products and people We agonized over that but our overriding duty was to the shareholders so we went ahead with the deal 57 A contrarian view of Computer Associates was given by computer industry historian Martin Campbell Kelly writing around 2001 who gave the company credit for continuing to enhance the DATACOM DB and IDMS database products it had acquired and for doing the work to have its databases and utility products be able to interoperate 31 Campbell also saw the act of staffing reductions as rationalization of existing businesses that in some cases were not performing well 31 A hybrid characterization was given in 2002 by Pansophic Systems founder Joseph A Piscopo who said that while his company acquired in 1991 had suffered the typical fate of CA reducing it to just the minimal staff needed to keep maintenance revenue going in a few cases CA did actually invest in companies it acquired as part of an internal product development strategy with Cheyenne Software being one such instance 58 Accounting scandal edit nbsp A letter to shareholders from Wang and Kumar in 2002 maintaining that the company was not in trouble and a court approved letter to shareholders in 2003 after CA reached a settlement on charges of securities fraud By 2000 Computer Associates had acquired on the order of magnitude of 200 companies 49 In that year Sanjay Kumar replaced Wang as chief executive officer with the latter remaining as chairman of Computer Associates board of directors 59 Then in 2002 Wang departed completely and Kumar became chairman as well 60 In 2000 a shareholder based class action lawsuit accused CA of misstating more than 500 million in revenue in its 1998 and 1999 fiscal years in order to artificially inflate its stock price 61 In 2001 a proxy battle ensued between the board of directors and shareholders led by Wyly who was unhappy with how CA was being run and especially with how his acquired Sterling Software was being treated 53 Wyly was not trying to buy the company but rather trying to get shareholders to elect a new board of directors that would include him as chair 62 Wyly had hopes of appealing to Haefner as their business relationship dated back to the 1960s but Haefner stayed loyal to Wang 2 In the end Wyly s two attempts failed he gave up the struggle in 2002 and received a 10 million payment that was characterized as greenmail by some but not all industry analysts 63 Meanwhile by early 2002 it was public knowledge that the Securities and Exchange Commission SEC and the U S Attorney s Office for the Eastern District of New York had instantiated investigations as to whether CA had engaged in accounting fraud 64 CA had to cancel a plan to refinance its debt after Moody s Investors Service indicated it might downgrade the company s credit rating an action that the service soon took 64 Later in 2002 the U S Department of Justice limited CA s acquisitions 65 The investigation by the SEC resulted in charges against the company and some of its former top executives 66 The SEC alleged that from 1998 to 2000 CA routinely kept its books open to include quarterly revenue from contracts executed after the quarter ended in order to meet Wall Street analysts expectations 67 As one account from the Wharton School of the University of Pennsylvania wrote The SEC said the goal was to meet or beat per share earnings estimates of Wall Street analysts a key to keeping a company s stock price rising In all the company prematurely reported 3 3 billion in revenues from 363 software contracts Moreover executives at Computer Associates were big shareholders themselves and many held enormous blocks of stock options They therefore had a big financial stake in the share price and thus an incentive to inflate results 68 Kumar resigned as CEO and chairman of the company in 2004 68 staying on as chief software architect then two months later left the company completely 69 Following the change in executive leadership the company restated its earnings for 2000 and 2001 due to the unaccepted revenues policies 69 Around the same time in 2004 the company avoided indictment for involvement in the 35 day month accounting scandal by reaching a settlement with the SEC and Department of Justice in which CA agreed to pay 225 million in restitution to shareholders and reform its corporate governance and financial accounting controls 70 71 72 Eight CA executives pleaded guilty to fraud or obstruction of justice charges 55 and several received prison terms 72 Most notably in 2006 former CEO and chairman Kumar was sentenced to 12 years in prison and fined 8 million for his role in the massive accounting fraud at Computer Associates 73 74 75 The company subsequently made sweeping changes through virtually all of its senior leadership positions 76 Overall the company spent over 500 million on investigations and fines 77 2000s edit nbsp Computer Associates building in Plano Texas as seen in 2005 By 2001 Computer Associates was the fourth biggest among independent software companies and had 18 000 employees 49 Attempts to diversify away from the mainframe business had not met with much success 49 CA started the India Technology Centre in Hyderabad on December 10 2003 In 2004 CA appointed ex IBM employee John Swainson as CEO 78 Swainson tried to turn things around but was hampered by trouble that the company had in fixing its internal finance and accounting systems 55 During this time the company presented its Enterprise IT Management EITM vision to unify and simplify enterprise wide IT 79 By 2006 the company had 15 000 employees 55 The company s original name of Computer Associates International Inc was changed to CA Inc in January 2006 80 The company said that the change reflected a changed focus towards helping customers simplify the management of enterprise wide IT it also came shortly before Kumar pleaded guilty to the array of charges against him 80 On September 1 2009 CA announced CEO John Swainson s decision to retire by the end of the year 78 On January 28 2010 CA announced that William E McCracken would be its chairman of the board and chief executive officer 81 2010s edit nbsp A keynote address at the CA World Expo 12 conference in Sao Paulo Brazil In May 2010 at the opening of the CA World 2010 conference in Las Vegas the company announced it was changing its name again to CA Technologies 80 For a reason the company said the new name reflects the full breadth and depth of what the company offers 80 In 2010 the company acquired eight companies to support its cloud computing strategy 3Tera 82 Nimsoft 83 NetQoS 84 Oblicore 85 Cassatt 86 4Base Technology 87 Arcot Systems 88 and Hyperformix 89 90 It also acquired Replay Solutions 91 In 2011 CA acquired ITKO for 330 million 92 Two years later it acquired app deployment and management company Nolio for approximately 40 million 93 as well as Layer7 nbsp CA building left center in Herzliya Israel as seen in 2010 The company had been a provider of anti virus and Internet security commercial software programs for personal computers during its venture into the business to consumer market 94 In 2011 CA sold its antivirus properties to Updata Partners which spun the division off as Total Defense 95 96 After the spinoff CA became primarily known again for its business to business mainframe and distributed client server etc information technology infrastructure applications 94 On January 7 2013 CA Technologies announced that Michael P Gregoire would be a member of the board and new chief executive officer 97 98 In June 2014 CA Technologies moved its headquarters without an announcement from Islandia in Suffolk County to 520 Madison Avenue in New York City 99 nbsp The final headquarters office for CA was at 520 Madison Avenue in Manhattan here seen in 2023 In 2015 the company made four acquisitions including Rally software for 480 million 100 Unifyalm Gridtools 101 Idmlogic 102 and Xceedium 103 In 2016 CA acquired Blazemeter 104 Automic 105 Veracode 106 and Runscope 107 in 2017 CA Technologies posted 4 2 billion in revenue for fiscal year 2018 ending March 31 2018 108 Mainframe products and services was still the major of CA s income comprising about 2 2 billion in the fiscal year while its so called enterprise solutions market segment contributed some 1 75 billion and its services business around 0 3 billion 35 As of 2018 CA Technologies maintained offices in more than 40 countries and employed approximately 11 300 people 108 On August 8 2018 CEO Mike Gregoire was elected as chairman of CA Technologies board of directors replacing retiring chairman Art Weinbach 109 Acquisition by Broadcom edit nbsp Letter to shareholders asking for approval of acquisition by Broadcom On July 11 2018 Broadcom Inc announced it would acquire CA Technologies for 18 9 billion in cash 110 CA s head Mike Gregoire said This combination aligns our expertise in software with Broadcom s leadership in the semiconductor industry 77 The acquisition puzzled some industry observers since the two companies businesses seemed to have little in common 77 35 One analyst acknowledged that Broadcom could generate cash from the CA operations but commented Financially it can make sense But what s the strategic logic 77 The Register termed it the Weirdest Acquisition Ever 35 The transaction was closed on November 5 2018 111 The irony of the reversal of positions did not go unnoticed with The Register saying CA Technologies long a byword for making acquisitions has been acquired by Broadcom 35 And Broadcom like CA had a reputation for making large reductions in the companies it had just acquired 112 113 Immediately after the acquisition closed Broadcom laid off former CA Technologies workers in Silicon Valley 113 and Plano Texas It also laid off 262 former CA Technologies employees in Islandia and some in Manhattan 114 Then Long Island based Newsday reported that about 40 percent of all CA employees in the United States would be laid off adding up to almost 2 000 people being let go 112 Not long after the Broadcom acquisition the large Computer Associates campus in Islandia was abandoned 44 Corporate responsibility and recognition edit nbsp CEO Michael Gregoire third from left listening at the World Economic Forum on Latin America 2018 During the mid 1990s Computer Associates realized it had an image problem both externally and internally and consequently created a public relations department within the company and also adopted some more employee friendly human resources policies 31 Sustainability edit In 2010 CA was listed among the greenest companies by Newsweek s Green rankings 115 CA has been named a component of the Dow Jones Sustainability Indexes DJSI for seven years from 2012 to 2018 In 2015 and 2016 CA was ranked as one of America s Greenest companies by Newsweek 116 117 In 2017 the company scored an A from CDP the world s most comprehensive rating of companies leading on environmental action for environmental performance and disclosure 118 According to a corporate sustainability report released by the company in 2018 CA reduced its Greenhouse Gas Footprint by more than 35 percent since 2006 119 It received the Climate Leadership Award in Excellence in GHG Management in 2018 120 and was included in Barron s 100 Most Sustainable Companies in 2018 as well 121 In February 2018 CA was named one of the World s Most Ethical Companies by Ethisphere Institute for the third consecutive year 122 123 Equality and diversity edit CA Technologies was named one of the best companies for multicultural women by Working Mother Magazine for four consecutive years from 2015 to 2018 124 125 126 as well as one of the 100 Best Companies from 2015 to 2017 127 128 The company was also awarded 4 3 of 5 stars by InHerSight as one of the Top 10 IT Companies for Women in 2017 129 In 2015 and 2016 Fatherly com ranked CA as one of the Best Places to Work for New Dads 130 131 In 2018 CA was named a NAFE top company for executive women 132 CA was also included in the Bloomberg Gender Equality Index GEI in 2018 133 In 2018 for the fourth consecutive year the Human Rights Campaign Foundation ranked CA as one of the Best Places to Work for LGBTQ Equality 134 CA CEO Mike Gregoire is a signatory of the CEO Action for Diversity and Inclusion pledge 135 Work environments edit nbsp CA European HQ Berkshire UK as seen in 2014 For four consecutive years 2015 2018 CA was named by Computerworld as one of the Best Places to Work in IT 136 137 138 139 In 2017 it was named to the Forbes list of America s Best Employers 140 and recognized with a STAR Award for Leadership and Innovation by the Technology Services Industry Association TSIA 141 In 2018 CA was named to the Thomson Reuters World s Top 100 Technology companies 142 and for six consecutive years has been the recipient of the NorthFace ScoreBoard Award from Customer Relationship Management Institute CRMI 143 Acquisitions editMain article List of mergers and acquisitions by CA Technologies CA had a long history of acquisitions in the software industry It grew its portfolio and became successful through acquiring many companies in disparate fields including system monitoring and management ID management security and anti virus among others 35 See also edit nbsp Companies portal CA IT Process Automation Manager Computer Associates International Inc v Altai Inc Tech companies in the New York metropolitan areaReferences edit Wyly Sam 2008 1 000 Dollars and an Idea Entrepreneur to Billionaire New York Newmarket Press pp 139 141 ISBN 9781557048035 a b c d e Madore James T August 12 2001 The Great Investor Newsday Long Island pp A8 A34 A35 uncertain Data Systems Vol 13 no 1 January 1972 p 9 a b c d e Madore James T August 12 2001 CA s Roots Trace to Switzerland Newsday Long Island pp A8 A35 Regulation of IBM Because they controlled almost 70 percent of the computer market IBM was In January of 1969 the United States Department of Justice filed an antitrust suit Software Becomes a Product CHM Revolution In 1969 IBM unbundled many programs separating software from hardware ADR sued IBM over flowcharting software a factor in IBM s decision to unbundle a b c d e Lewis Scott M Woodward A 2003 Computer Associates International Inc In Pederson Jay P ed International Directory of Company Histories Vol 49 Farmington Hills Michigan St James Press pp 94 97 ISBN 1 55862 475 9 a b c d e Cohen Daniel September 23 1990 Computers Selling Software the Hard Way The New York Times Magazine pp 50ff The company had enjoyed more than a decade of virtually Founded as a four person shop in 1976 Computer Associates Cullinane stepped aside when Computer Associates acquired remarkably efficient Swiss software program CA SORT that had the ability to sort data on I B M mainframes a b c d uncertain Software Digest Vol 6 no uncertain EDP News Service 1974 pp 4 11 uncertain Vol 5 no uncertain International Computer Programs Inc 1971 pp 320 382 a b uncertain Software World Vol 3 4 no uncertain A P Publications 1971 pp 23 24 uncertain Datamation Vol 25 no uncertain 1979 p 148 a b Leavitt Dan August 7 1974 Pansort Saves 370 CPU Time Disk Space Computerworld pp 1 3 a b c Winkler Connie August 18 1980 Computer Associates Tells Boom Story Computerworld pp 71 74 Directory of Pension Funds and Their Investment Managers Money Market Directories 1999 p 2277 Software Market Representatives Computerworld Classified December 24 1975 p 22 uncertain Data Processing and Microfilming Systems Vol 8 no uncertain United Business Locations 1967 p 25 a b VM 370 Computerworld Classified October 30 1974 p 20 Symbug Package Eases VM 370 Debugging Computerworld September 12 1973 p 16 a b c Software Firm Distributor Unite Computerworld October 18 1976 p 44 a b Packages Gain Marketer in U S Computerworld January 19 1976 p 17 Is CA SORT the most preferred IBM compatible package sold today Computerworld Advertisement September 13 1976 p 5 About Us Standard Data Corporation 2018 Archived from the original on August 25 2018 a b Wang Quits Computer Associates CEO Kumar Is Named Chairman The Wall Street Journal November 19 2002 Computer Associates Charles Wang stepped down as chairman and a Mr Wang co founded Computer Associates in 1976 and built the Kumar and Wang along with Computer Associates co founder Russell Artzt Bloomberg Jason CA Technologies Riding The Wave Of Disruption Forbes Retrieved September 16 2018 a b Top Dollars at Top of the Ladder Newsday Long Island June 9 1997 p C14 via Newspapers com Now CA SORT 77 Computerworld Advertisement September 5 1977 p 5 a b DYNAM D Computerworld Advertisement March 14 1977 p 9 Genn Adina April 25 2003 1976 Computer Associates boots up Long Island Business News The Family Tree Computerworld Advertisement September 17 1979 p 112 Back cover a b c d e f g h i j Campbell Kelly Martin 2003 From Airline Reservations to Sonic the Hedgehog A History of the Software Industry Cambridge Massachusetts MIT Press pp 178 185 ISBN 9780262033039 We re not big in OS software Computerworld Advertisement September 6 1982 p 5 a b Gillin Paul October 15 1984 CAI s road to growth paved with acquisitions Computerworld pp 107 108 Wilder Clinton August 29 1988 Who s Next Computerworld p 97 a b c d e f g Chirgwin Richard July 12 2018 Weirdest Acquisition Ever Broadcom buys CA Technologies The Register D P Software Pros Career Invitational Newsday October 12 1986 p 38 Classified via Newspapers com a b c d e Bernstein James October 14 1991 Welcome to Reality Newsday pp 29 30 31 Business via Newspapers com Consco sells product line to Computer Associates Consco Enterprises Inc Computer Associates International Inc press release May 26 1988 Retrieved December 27 2009 permanent dead link Schmitt Eric February 4 1989 Big Employer On L I Agrees To Stay There The New York Times Retrieved September 16 2018 Scott Leibs April 23 1990 Software s Heavy Hitters Information Week pp 45 48 LEGENT TO ACQUIRE OHIO SOFTWARE FIRM Washington Post April 3 1992 ISSN 0190 8286 Retrieved September 16 2018 Computer Associates v Electronic Data Systems No CV 93 0411 United States District Court E D New York Mar 26 1993 a b Storch Charles November 29 1991 500 could lose jobs at Pansophic Chicago Tribune p 1 Section 3 via Newspapers com a b JV to reactivate 76 acre former CA campus Real Estate Weekly November 24 2021 Funding a Revolution Government Support for Computing Research 1999 ISBN 0309062780 Members of the project team rewrote the Ingres prototype repeatedly during these years to incorporate purchased by Computer Associates in 1994 to commercialize the Berkeley code directly CA Technologies Form 10 K Annual Report Filing Date Mar 29 1994 secdatabase com Retrieved May 14 2018 CA History Ca com September 22 2008 Archived from the original on January 11 2010 Retrieved November 13 2011 A pain in the posterior Forbes May 18 1998 Forbes Archived from the original on April 15 2009 Retrieved November 13 2011 a b c d e f g h Berenson Alex April 29 2001 A Software Company Runs Out of Tricks The Past May Haunt Computer Associates The New York Times a b c Cortese Amy November 11 1996 Computer Associates Sexy No Profitable You Bet Business Week Siwolop Sana July 26 1998 INVESTING IT Computer Associates Drop Stuns Managers The New York Times ISSN 0362 4331 Retrieved September 18 2020 Computer Associates Accounting Scandal Corporatenarc com Archived from the original on September 29 2011 Retrieved November 13 2011 a b Berenson Alex June 21 2001 Entrepreneur to Begin Proxy Fight for Computer Associates New York Times Retrieved November 13 2011 Executive Pay Up Up and Away Business Week Online April 19 1999 Bloomberg BusinessWeek April 19 1999 Archived from the original on May 8 1999 Retrieved November 13 2011 a b c d e f g h i j k Varchaver Nicholas November 16 2006 CA America s most dysfunctional company CNN Money Fortune a b Petronico Theresa November 21 1988 The Swift and Traumatic Firings At Applied Data Research NJBiz com Oral history interview with Sam Wyly Charles Babbage Institute University of Minnesota Interview by David Allison 6 December 2002 Haigh Thomas May 3 2002 An Interview with Joseph Piscopo PDF Charles Babbage Institute pp 19 21 Archived from the original PDF on September 13 2021 O Harrow Robert Jr August 8 2000 Computer Associates CEO Resigns The Washington Post IETF looks to streamline work NetworkWorld November 25 2002 CA Technologies Form 10 K Annual Report Filing Date Jun 9 2000 secdatabase com Retrieved March 19 2013 Berenson Alex June 25 2001 A New Twist in the Proxy Fight for Control of Computer Associates The New York Times p B6 Wyly drops Computer Associates proxy fight ZDNet Reuters July 23 2002 a b Songini Marc L March 3 2002 Moody s lowers CA s credit rating Computerworld Competitive Impact Statement United States Department of Justice April 23 2002 CA Technologies Form 10 K Annual Report Filing Date May 15 2002 secdatabase com Retrieved March 19 2013 SEC files securities fraud charges against Computer Associates Inc Sec gov Retrieved November 13 2011 a b How Serious Was the Fraud at Computer Associates Knowledge at Wharton Wharton School of the University of Pennsylvania October 20 2004 a b Sanjay Kumar leaves Computer Associates NBC News Associated Press June 4 2004 CA Technologies Form 10 K Annual Report Filing Date Jun 29 2005 PDF secdatabase com Retrieved March 19 2013 Berenson Alex April 27 2004 Computer Associates Restates Timing of 2 2 Billion in Sales The New York Times a b 2 Years in Prison for Ex Software Executive The New York Times January 17 2007 Former IT boss jailed for 12 years over 35 day month scam The Independent November 3 2006 Kumar Gets Hard Time InformationWeek November 6 2006 p 15 De Michael J November 3 2006 Ex Leader of Computer Associates Gets 12 Year Sentence and Fine New York Times November 3 2006 The New York Times Retrieved November 13 2011 CA Technologies Form 8 K Current Report Filing Date Jun 29 2006 secdatabase com Retrieved March 19 2013 a b c d Lohr Steve de la Merced Michael J July 11 2018 Broadcom Reaches Nearly 19 Billion Deal to Buy CA Technologies The New York Times a b Taft Darryl K September 2 2009 CA s CEO Swainson to Retire by End of 2009 eWeek permanent dead link Believe Again in CA Internetnews com November 14 2005 Retrieved November 13 2011 a b c d Jackson Joab May 17 2010 CA changes name again now it s now CA Technologies Computerworld IDG News Service CA Technologies Form 8 K Current Report Filing Date Jan 28 2010 PDF secdatabase com Retrieved March 19 2013 CA com CA com Retrieved November 13 2011 Investor ca com Investor ca com Retrieved November 13 2011 Investor ca com Investor ca com November 19 2009 Retrieved November 13 2011 Arcserve com Arcserve com Archived from the original on July 25 2011 Retrieved November 13 2011 CA com CA com Archived from the original on November 15 2011 Retrieved November 13 2011 CA com CA com Archived from the original on November 15 2011 Retrieved November 13 2011 CA com CA com Retrieved November 13 2011 CA com CA com Retrieved November 13 2011 CA Technologies History Replay Solutions Stock Price Funding Valuation Revenue amp Financial Statements www cbinsights com Retrieved August 10 2023 Hickey Andrew R CA Cloud Spending Spree Continues With 330 Million ITKO Purchase CRN Retrieved September 16 2018 Report CA Technologies To Buy Enterprise App Deployment And Management Company Nolio For Over 40M TechCrunch Retrieved September 16 2018 a b Total Defense About Us Total Defense Archived from the original on May 18 2012 Retrieved May 25 2012 CA Technologies Form 8 K Current Report Filing Date May 12 2011 secdatabase com Retrieved March 19 2013 Leyden John May 17 2011 CA antivirus unit sold Will become Total Defense The Register CA Technologies Form 8 K Current Report Filing Date Dec 12 2012 PDF secdatabase com Retrieved March 19 2013 CA Technologies Names Michael P Gregoire Chief Executive Officer Ca com Retrieved January 9 2013 CA Technologies quietly moves headquarters to Manhattan June 4 2014 Armental Maria May 27 2015 CA Buys Rally Software Development in 480 Million Deal Wall Street Journal ISSN 0099 9660 Retrieved September 16 2018 CA acquires Grid Tools for agile development PCWorld Retrieved September 16 2018 CA Technologies buys Israeli co IdMlogic Globes Globes in Hebrew June 8 2015 Retrieved September 16 2018 CA Technologies acquires Xceedium Healthcare IT News August 17 2015 Retrieved September 16 2018 CA Technologies to Acquire Israeli Startup BlazeMeter for 90 Million Haaretz September 22 2016 Retrieved September 16 2018 Bloomberg Jason CA Technologies Announces Intent To Acquire Enterprise Automation Leader Automic Forbes Retrieved September 16 2018 Condon Stephanie CA Technologies acquires Veracode ZDNet ZDNet Retrieved September 16 2018 CA acquires Runscope to round out API testing and monitoring portfolio SiliconANGLE SiliconANGLE September 28 2017 Retrieved September 16 2018 a b Investor Story CA com Retrieved August 16 2018 CA Technologies elects Mike Gregoire as board chairman CA The Fly thefly com Retrieved September 16 2018 Broadcom to Acquire CA Technologies for 18 9 Billion in Cash Press release PR Newswire July 11 2018 Broadcom Inc Completes Acquisition of CA Technologies Press release PR Newswire November 5 2018 a b Kovar Joseph F November 9 2018 Broadcom Preps For Massive CA Technologies Layoffs Report CRN News a b Elias Jennifer November 19 2018 Broadcom to lay off local employees following 18B purchase of CA Technologies Silicon Valley Business Journal American City Business Journals Schachter Ken November 16 2018 Broadcom to lay off 262 former CA Technologies workers in Islandia Filing Newsday Retrieved November 29 2018 Green Rankings 2010 U S Companies Newsweek www newsweek com Retrieved September 16 2018 Full U S Rankings Newsweek June 4 2015 Retrieved September 16 2018 Full U S Rankings Newsweek December 14 2017 Retrieved September 16 2018 Scores 2017 CDP www cdp net Retrieved September 16 2018 Sustainability at CA Technologies CA Technologies www ca com Retrieved September 16 2018 Eighteen U S Businesses and Cities Honored at the Climate Leadership Awards Bloomberg Philanthropies Bloomberg Philanthropies Retrieved September 16 2018 Norton Leslie P Barron s 100 Most Sustainable Companies Retrieved September 16 2018 CA Technologies Named One of the 2018 World s Most Ethical Companies APMdigest Application Performance Management February 13 2018 Retrieved September 16 2018 Companies Ethisphere Institute Good Smart Business Profit www worldsmostethicalcompanies com Retrieved September 16 2018 Best Places to Work 2016 Human Rights Campaign Archived from the original on September 9 2018 Retrieved September 16 2018 Meet the 2018 Best Companies for Multicultural Women Working Mother Retrieved September 16 2018 CA Technologies Working Mother Retrieved September 16 2018 2015 Working Mother 100 Best Companies Working Mother Retrieved September 16 2018 CA Technologies Working Mother Retrieved September 16 2018 InHerSight com s Top 10 IT Companies for Women to Work For in 2017 eWEEK Retrieved September 16 2018 Here s Why CA Technologies Made Our 50 Best Places To Work For New Dads Fatherly April 28 2015 Archived from the original on September 16 2018 Retrieved September 16 2018 23 CA Tech The Best Places To Work For New Dads In 2016 Fatherly May 9 2016 Archived from the original on September 16 2018 Retrieved September 16 2018 Meet the 2018 NAFE Top Companies for Executive Women Working Mother Retrieved September 16 2018 Terms of Service Violation Bloomberg L p Retrieved September 16 2018 Best Places to Work 2018 Human Rights Campaign Archived from the original on September 17 2018 Retrieved September 16 2018 CEOs CEO Action for Diversity amp Inclusion Retrieved September 16 2018 Best Places to Work in IT 2015 Employer Profile CA Technologies Computerworld Retrieved September 16 2018 Best Places to Work in IT 2016 Employer Profile CA Technologies Computerworld Retrieved September 16 2018 Best Places to Work in IT 2017 Employer Profile CA Technologies Computerworld Retrieved September 16 2018 Mary K Pratt et al Best Places to Work in IT 2018 Computerworld Retrieved September 16 2018 America s Best Employers Forbes Archived from the original on March 27 2015 Retrieved September 16 2018 TSIA STAR Award Winners Technology Services Industry Association Retrieved September 16 2018 Top 100 Global Tech Leaders Retrieved September 16 2018 CRMI NorthFace ScoreBoard Award Audit Program www crmirewards com Retrieved September 16 2018 Further reading edit21st Century Management The Revolutionary Strategies That Have Made Computer Associates a Multibillion Dollar Software Giant by Hesh Kestin 1992 Atlantic Monthly Press External links editOfficial website CA SORT User s Guide at Broadcom website Retrieved from https en wikipedia org w index php title CA Technologies amp oldid 1217003245, wikipedia, wiki, book, books, library,

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