dburtsev (dburtsev) wrote,
dburtsev
dburtsev

CA продала ERwin

ERwin Modeling Business Divested to Parallax Capital Partners
CA has completed the sale of the ERwin data modeling business to Parallax Capital Partners, a private equity firm with an exceptional track record of transitioning divisions, subsidiaries and product lines into successful stand-alone entities.

The transaction, which closed on February 29, is a win-win scenario that was carefully designed to ensure mutual value and a seamless transition for customers, partners, and each of the approximately 60 ERwin employees worldwide. This move also aligns with our global partner strategy, which is an important component to CA’s growth model.

With this divestiture, ERwin is an independent company that will continue to be led by its current management team.
Announcement expires on March 31, 2016
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