CA Technologies to Acquire Privately-held Layer 7 Technologies, a Leader in
API Management and Security
MUMBAI, April 29, 2013
MUMBAI, April 29, 2013 /PRNewswire/ --
Acquisition Extends Strategy to Enable Secure, Reliable and Rapid Delivery of
Cloud, Mobile and Composite Applications
CA WORLD - CA Technologies (NASDAQ:CA) today announced it has signed a
definitive agreement to acquire Layer 7 Technologies , a leading provider
of Application Programming Interface (API) management and security. Terms of
the transaction were not disclosed.
The acquisition of Layer 7 will enable CA Technologies to manage and secure
the API marketplace with leading technology that complements its current
Identity and Access Management suite , including CA SiteMinder [®,] and its
technologies focused on DevOps including the CA LISA® suite. The combination
of CA Technologies and Layer 7 solutions will help organizations to better
manage and secure APIs and deliver more confidently and quickly the cloud,
mobile and composite applications that run today's business services.
"The addition of Layer 7 and the synergy across our technologies will improve
how we securely support organizations in their cloud, mobile and 'Internet of
things' initiatives," said Mike Denning, Security general manager, CA
Technologies. "We use APIs every day, whether accessing flight data from our
mobile device, using Google Maps from a hotel website or making payments
online. There are billions of API calls a day and that number is going to
increase with the proliferation of smart devices, ranging from vehicles,
meters, TVs and other devices, as they start interacting over APIs. Without
API security and management, thousands of business services are vulnerable to
Benefitting numerous key stakeholders in an organization - from developers and
IT architects who need to streamline and securely accelerate the development
of new business services, to the line of business and the C-suite who demand
business services deliver a superior customer experience to help ensure
customer retention and growth - the acquisition will enable organizations to:
· Securely enable strategic cloud, mobile and "Internet of Things" initiatives
through API security and management;
· Accelerate service delivery and increase profitability by externalizing and
monetizing existing application assets that are securely offered via APIs;
· Expand the network of API developers by offering a convenient API
development platform that provides all the tools necessary to discover,
publish and test APIs;
· Govern API activity in order to enforce SLAs, improve operational
performance and monetize Big Data transactions; and,
· Secure the externalized API business through authentication, authorization,
auditing and threat protection.
"The API-driven economy has exploded, driven by today's cloud, mobile and
complex composite applications for business services," said Paul Rochester,
CEO, Layer 7. "With more than 8,000 public APIs available at the end of 2012,
there is a vast library of proprietary components and data exposed to the
external world that need to be managed and secured from unauthorized access.
API applications and services are no longer a trend, they are mainstream. The
combination of CA Technologies and Layer 7 is the best option for enterprises
to successfully and securely leverage all the business benefits APIs can
Layer 7's API management and security capabilities are delivered both
on-premise and from the cloud. The company, founded in 2002, has offices in
the US, Canada and Europe.
About Layer 7 Technologies
Layer 7 Technologies provides API building blocks for the new open enterprise.
Nearly 300 leading enterprises, including some of the world's largest
organizations, rely on Layer 7's award-winning products to open APIs to
partners, developers, mobile apps and cloud services in a secure and scalable
way. The company has been recognized by leading analysts as a leader in API
security and management space, and is the only API Management vendor to have
been named to Deloitte's Fast 500 list of fastest growing companies in both
2011 and 2012. For more information, please visit www.layer7tech.com and
follow us on Twitter at @layer7 .
About CA Technologies
CA Technologies (NASDAQ: CA) provides IT management solutions that help
customers manage and secure complex IT environments to support agile business
services. Organizations leverage CA Technologies software and SaaS solutions
to accelerate innovation, transform infrastructure and secure data and
identities, from the data center to the cloud. Learn more about CA
Technologies at www.ca.com .
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