CA Technologies to acquire Austrian firm for $637 million

Software maker CA Technologies, with about 1,000 employees in Islandia, says the deal with Automic Holdinng GmbH will give it a wider presence in Europe. The purchase is expected to close in January. (Credit: Kevin P. Coughlin)

CA Technologies has agreed to acquire an Austrian business automation software company for about $637 million, the company announced Thursday.

CA is based in Manhattan, but the maker of software for the business market formerly had its headquarters in Islandia. More than 1,000 employees — almost 10 percent of the workforce — remain there, a spokeswoman said.

The deal provides CA, whose...