CA Acquires Concord Communications for $350,000,000

  • Feed Type
  • Date
    4/8/2005
  • Company Name
    Concord Communications
  • Mailing Address
    400 Nickerson Road Marlboro, MA 01752
  • Company Description
    CA is one of the world’s largest IT management software providers. Our software and expertise unify and simplify complex IT environments in a secure way across the enterprise for greater business results.
  • Website
    '>http://www.concord.com/
  • Transaction Type
    M&A
  • Transaction Amount
    $350,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Computer Associates agreed to acquire Concord Communications for $350 million in cash to fortify its network service management software position. CA will offer $17 per share for $330 million, plus an assumption of $20 million in debt from Concord for the total purchase price.

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