CA Technologies

As workforce development evolves, childcare shall lead

By ROSALIE DRAGO // At a recent Long Island Regional Development Council meeting, co-chairman and Long Island Association President Kevin Law earned rousing applause when he said, “Childcare is not a mother’s problem or a parent’s problem – it is an economic-development problem and our region’s problem.” As a workforce-development professional, a parent and a Long Islander, this was good to hear. It’s tempting to see childcare as a value-add, especially now. Current job market…


No. 322: On P.T. Barnum, Sinatra, Julius Caesar and Han Solo – and why Stony Brook’s CEBIP is shaking with excitement

It’s Friday the 13th: And there’s absolutely nothing to be afraid of, dear readers – in fact, it’s time to celebrate, with another productive week of socioeconomic innovation in the books and another weekend upon us. Triple play: As a bonus, this particular Friday the 13th also includes a very rare supermoon solar eclipse. With the moon as close as it will get to Earth this year and in its New Moon phase (meaning it’s…


No. 273: Legalizing pot in NY, hacking with Homeland Security and new growth for Broadridge, Digital Donations and a CA spinoff

Marching on: Welcome to another week of Long Island innovation, and to what is actually a red-letter date in African-American history. While historical icons including Augustus Caesar, Christopher Columbus and Dwight Eisenhower all surface on Jan. 17, in honor of Monday’s Martin Luther King Jr. Day celebration, let’s spotlight Sherman’s Field Order No. 15, issued this date in 1865 by Union General William T. Sherman following his legendary March to the Sea. The order confiscated…


Melville firm goes to Italy for cutting-edge ‘collector’

Nearly two years after striking out on its own, a CA Technologies spinoff has added another vital cog – and has finally found itself. Melville-based erwin inc. on Friday declared itself “the data governance company,” based on technologies and expertise it has honed since spinning out of CA in March 2016. As “part of this focus,” the software-as-a-service company has acquired Italy-based A&P Consulting (parli Italiano?), a technology and consulting services firm located in Rome….


Investors buying in as FalconStor hatches risky plan

By GREGORY ZELLER // Investors are doubling down on a Melville software company with a tarnished financial record and a sterling data-storage product. Texas-based private equity firm ESW Capital LLC has purchased nearly 1.4 million additional shares of FalconStor Software, according to a U.S. Securities and Exchange Commission filing disclosed Monday. The transaction, which closed Aug. 23, was made at 37 cents per share, for a total value of $511,667.08. The deal gives ESW Capital…


Report: Northwell among nation’s top STEM firms

New York State’s largest private employer is doing everything it can to make sure it keeps that title. Northwell Health has been designated a 2017-18 STEM Jobs Approved Employer by STEM Jobs, a national brand focused on helping educators in more than 20,000 schools across the country obtain tools and resources needed to implement cutting-edge science, technology, engineering and mathematics programs and promote high-growth STEM jobs. The New Hyde Park-based health system earned high marks…


Artzt, other famous faces headline LICA card

By GREGORY ZELLER // The Long Island Capital Alliance is uniting the past, present and future of the Island tech scene. The alliance has announced the lineup for its March 10 Technology Capital Forum, the latest of LICA’s quarterly breakfast networkers for innovators and investors. From the keynote speaker to the panelists to the companies pitching the audience of potential stakehorses, the guest list is packed with familiar faces – including some of the biggest…


CA agrees to acquire Austrian tech firm

CA Technologies has agreed to acquire an Austrian tech company, giving it access to added cloud software and broader operational reach in Europe. The deal, for Vienna-based Automic Holding GmbH, is worth about $640 million and is expected to close next month, CA said. Automic has about 600 employees in Europe, North America and Asia. “Strategically, it accelerates our position with its cloud-enabled platform,” said Ayman Sayed, CA’s president and chief product officer. “Operationally, it…


Revenues, earnings ‘solid’ at CA Technologies

A nip-and-tuck bottom-line battle between software-based revenues and subscription fees turned profitable for CA Technologies, according to the digital solutions provider’s quarterly earnings statement. Reporting Oct. 27 on the second quarter of its 2017 fiscal year, the New York City-based software maker counted $1.02 billion in quarterly revenues, a 1.3 percent increase over 2Q FY2016. North American revenues increased 2 percent year-over-year while international revenues were reported flat. As for the overall quarterly revenue increase,…


CA names Otto Berkes as chief tech officer

A week after folding in agile developer Rally Software, CA Technologies has hired a familiar name to help run it all. Otto Berkes, a veteran technology executive at HBO and Microsoft, where he helped launch the firm’s Xbox business, will join CA as chief technology officer on June 15. He will report directly to CEO Mike Gregoire. As CTO, Berkes will be responsible for honing the company’s strategy for helping big corporate clients master the…


CA buying Colorado software firm in $480M deal

CA Technologies has agreed to acquire Rally Software Development Corp., a Boulder-based software and services firm, for $19.50 per share, or roughly $480 million. Shares of Rally jumped 45 percent on news of the deal, while CA was off 1.5 percent. Rally has approximately 500 employees across four continents and last-year sales of $88 million. “Software applications are changing the world, disrupting established business models and bringing in completely new experiences in areas from travel…


Henry Schein CEO Stanley Bergman as the firm joins the S&P 500 and is named to Forbes best companies list.

Health products giant Henry Schein added to S&P 500

Melville-based Henry Schein was added S&P 500 this week in recognition of the healthcare products distributor’s market capitalization, which now ranks among the 500 largest companies listed on the New York Stock Exchange or NASDAQ. The firm’s market capitalization was about $11.5 billion – the largest for a Long Island-based firm. Canon, whose U.S. operations are headquartered in Melville, has a $36 billion market capitalization while CA Technologies, which recently moved its headquarters to New York City but maintains…