130845 Resource 125361 126221 200444 1150234055348 1214506813437 Controlled MDY is Acquired by CA

Records management software helps CA fulfill clients' company-wide compliance, corporate governance and legal discovery requirements

<p><a href="http://www3.ca.com/press/PressRelease.aspx?CID=89900">CA announced</a> its acquisition of records management software and services provider, MDY.&nbsp;&nbsp;<font color="#565656">Updata Capital initiated the transaction, acted as financial advisor and negotiated the terms of the transaction for MDY.&nbsp; CA's announcement states that MDY's technology will work with&nbsp;CA's email management, file management and discovery solutions to facilitate customers' compliance and discovery requirements without data migration costs or large-scale infrastructure changes.</font></p><p><font color="#565656"><a href="http://www.enterprisestorageforum.com/management/news/article.php/3613031">Paul Shread of&nbsp;EnterpriseStorageForum.com notes</a> that with this acquistion, CA is making a move into enterprise records management, a fast growing market.&nbsp; Forrester Research projects the records management market to grow at compound annual growth rate of 84% to $1.3 billion in 2008.&nbsp; The acquisition also complements CA's acquisition last year of iLumin, a provider of enterprise message management and archiving software.</font></p> 9 application/xml false enterprise application software enterprise content management CA's acquisition of Updata Capital client, MDY http://updataadvisors.com/transactions.asp?newsid=139 CA's acquisition of Updata Capital client, iLumin http://updataadvisors.com/transactions.asp?newsid=24 Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.0; .NET CLR 1.1.4322; .NET CLR 2.0.50727; InfoPath.1) 127.0.0.1 127.0.0.1 fbartolomey 208.82.213.22 false true false false true 125361 blog blogsite/UpdataAdvisors/web