CA to Buy Rally Software for $480 Million

CA Technologies has announced its plans to buy development tool vendor Rally Software for $480 million. Rally offers a variety of DevOps and Agile software development tools, including an Agile cloud development platform.

“In order to compete, businesses need to develop high quality software quickly and reliably,” said Mike Gregoire, CEO of CA. “Rally is a leading provider of Agile development software and services, with offerings that complement and expand CA?s strengths in the areas of DevOps and management cloud. Every developer dreams of creating truly transformative software that responds to a business challenge extremely quickly. Joining forces with Rally makes this dream a possibility for millions of developers worldwide, and in turn opens up the possibility of a whole new range of experiences driven by software.”

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