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To: Lizzie Tudor who wrote (26795)	1/5/2006 11:39:36 PM
From: stockman_scott	Respond to of 57684

a categorized list of the best stock market blogs, with a description of and link to each one... seekingalpha.com

To: Lizzie Tudor who wrote (26795)	1/6/2006 1:25:10 AM
From: stockman_scott	Respond to of 57684

CA Buys Wily for $375 million in cash redherring.com Company adds to the software consolidation trend with purchase of applications management firm. January 5, 2006 CA, formerly known as Computer Associates, said Thursday it has agreed to acquire systems management and services company Wily Technology for $375 million in cash. Seven-year-old Wily has received funding from venture firms including Focus Ventures and Accel Partners. Islandia, New York-based CA has built its IT management software business in part based on acquisitions of companies with solid technology, but a limited marketing and support reach. Brisbane, California-based Wily markets application management software that allows IT managers to assess potential stress points in their mix of software and apply fixes or upgrades without requiring costly downtime. Using Wily’s software, customers can assess the impact of applications, primarily Java-based enterprise applications, on their businesses. Wily includes Verizon, Qualcomm, Motorola, and Cox Interactive among its customers. The company says its software is installed in more than 450 businesses and government agencies worldwide. Most of Wily’s customers come from the telecommunications, financial services, retail, healthcare, technology, and government sectors. The company also offers related services including installation, maintenance, and customization. Shares of CA rose $0.09 to $28.41 in recent trading. Managing Wily Privately held Wily said its revenues grew by 48 percent in 2004, and its 2005 revenues are expected to increase 75 percent. CA expects Wily to contribute approximately $72 million of revenue by 2007. Wily CEO Dick Williams and the company’s founder and chief technology officer Lewis Cirne will both join CA and lead a new division created by the Wily acquisition. “With CA, we can reach more organizations than ever before with our innovative technology, expert people, and best practices,” said Mr. Williams. “By… integrating our technology with CA’s solutions, we will be able to deliver a scope of management products unmatched by anyone else.” CA said it expects to retain most of Wily’s more than 260 employees, and it will issue product integration road maps about 30 days after the close of the acquisition. The acquisition is expected to be completed within three months, pending regulatory approval. “Wily is the leader in this sector and the fastest-growing major company in a fast-growing market,” said CA CEO John Swainson. “With this acquisition, CA will be the only company to address the management of applications, IT assets, and users across all hardware and software, from the mainframe to the distributed environment.”