EX-99.(A)(5)(B) 2 a15-13169_15ex99da5b.htm EX-99.(A)(5)(B)

Exhibit (a)(5)(B)

 

CA Technologies Completes Acquisition of Rally Software

 

NEW YORK, July 8, 2015 — CA Technologies (NASDAQ: CA) today announced it has completed the acquisition of Rally Software Development Corp. (NYSE: RALY), a leading provider of Agile development software and services. The close of this acquisition represents a significant milestone in CA’s strategy, broadening its solution set and capabilities to better serve customers driving digital transformation in their organizations to compete in today’s application economy.

 

With the completion of the transaction, Tim Miller, Rally’s Chairman and Chief Executive Officer, becomes a General Manager reporting into CA’s Chief Product Officer.  The Rally organization and leadership team will continue to report directly to Miller.

 

Under the terms of the agreement, CA is paying $19.50 per share, which equates to approximately $480 million, net of cash acquired. CA will provide additional financial detail regarding full year Fiscal 2016 guidance when it reports first quarter earnings on July 23, 2015. Rally shares will no longer be listed for trading on the NYSE stock market.

 

About CA Technologies

 

CA Technologies (NASDAQ: CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate — across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com.

 

Follow CA Technologies

 

·                  Twitter

·                  Social Media Page

·                  Press Releases

·                  Blogs

 

Legal Notices

 

Copyright © 2015 CA, Inc. All Rights Reserved. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

 

CA Technologies Contacts:

 

 

 

Jennifer Hallahan

Michael Bauer

Corporate Communications

Investor Relations

(212) 415-6924

(212) 310-6276

jennifer.hallahan@ca.com

michael.bauer@ca.com

 

 

Saswato Das

 

Corporate Communications

 

(646) 710-6690

 

saswato.das@ca.com

 

 

 

Rally Contacts:

 

 

 

Leslie Marcotte

Jeff Cooper

Public Relations

Investor Relations

(720) 446-4926

(720) 446-4914

lmarcotte@rallydev.com

ir@rallydev.com