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CA Technologies completes acquisition of Layer 7 Technologies for C$155 million

Date Closed

June 3, 2013

Lead Office

Vancouver

On June 3, 2013, CA Technologies completed the acquisition of Layer 7 Technologies. Terms of the transaction were not disclosed, but the purchase price was confirmed to be C$155 million. This was a very important Mergers & Acquisitions transaction in the Canadian technology sector.

CA Technologies, headquartered in Islandia, New York, is an independent software corporation.

Layer 7 Technologies, headquartered in Vancouver, British Columbia is a provider of Application Programming Interface (API) management and security.

McCarthy Tétrault LLP represented CA Technologies, with a team led by Ted Koffman.

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