TechCrunch: CA Technologies To Purchase Nolio For More Than $40M

by Staff Report 0

TechCrunch reports that IT software giant CA Technologies will buy Israeli app deployment and management company Nolio for somewhere between $40 million and $42 million.

nolioTechCrunch reports that IT software giant CA Technologies will buy Israeli app deployment and management company Nolio for somewhere between $40 and $42 million. Nolio’s software automates application deployment and enables IT staff to preserve, handle and recover these enterprise applications. The platform provides application service workflow design, testing and execution, having centralized management to manage application services across data-center application teams, application environments and distributed data-center infrastructures. Nolio had raised $7 million in a round of funding from Cedar Fund, Blumberg Capital and Iris Capital. Read more

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