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Computer Associates buys security firm Netegrity
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    • ISLANDIA, New York (AFP) Oct 06, 2004
     Software and computer services firm Computer Associates said Wednesday it was buying Internet security group Netegrity for 430 million dollars in cash.

    The deal is subject to regulatory and shareholder approval, Computer Associates said in a statement.

    "CA continues to move forward and align its resources and investments with the company's strategic growth opportunities -- internal development, geographic expansion, new routes to market and acquisitions," said CA's chief executive, Kenneth Cron.

    "By adding the best Web security product on the market to its portfolio, CA significantly strengthens its leading position in identity and access management (IAM). Security continues to be critically important to CA, and we will ensure that we offer customers the broadest and deepest IAM suite in the industry."




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