Why CA Technologies’ Enterprise Segment Looks Strong
CA Technologies’ (CA) Enterprise Solutions segment is showing strong growth momentum, driven by the acquisitions of Automic and Veracode. The launch of new products and strong investments in IT (information technology) around the globe have resulted in double-digit growth. The segment’s revenue, which accounts for 40% of the company’s total revenue, grew 18.5% YoY (year-over-year) to $461 million in fiscal 3Q18.