Computer Associates 2012 Annual Report Download - page 14

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•In November 2011, we held our user conference, CA World, bringing together IT professionals from around the world to
exchange IT management strategies. During the conference, we announced key initiatives centered on our theme of “IT at the
Speed of Business” which supports customers as they transition from simply managing IT to delivering business services.
•In August 2011, we acquired privately held Interactive TKO, Inc. (ITKO), a leading provider of service simulation solutions for
developing applications in composite and cloud environments.
•In June 2011, we sold our non-strategic Internet Security business.
•In April 2011, we acquired Base Technologies, a privately held consulting firm focused on the management of IT assets, with
leading practices in virtualization management, mainframe technology, security and managed IT infrastructure. Base
Technologies provides IT consulting to a number of government agencies.
During fiscal 2012, we made the following changes to our management team and Board of Directors:
•In September 2011, Jens Alder was elected to our Board of Directors. Mr. Alder currently serves as Chairman of Sanitas
Krankenversicherung, one of Switzerland’s largest health insurers, and Chairman of RTX Telecom A/S, a telecommunications
component and handset producer based in Denmark.
•In September 2011, we appointed Marco Comastri as President, Europe, Middle East and Africa. Mr. Comastri joined the
Company from Poste Italiane, Italy’s largest communications service provider, where he was Chief Executive Officer of the
technology services division. He also held management positions at Microsoft Corporation and International Business Machines
Corporation.
•In May 2011, Richard J. Beckert was promoted from Corporate Controller to Executive Vice President and Chief Financial
Officer of the Company.
•In May 2011, Peter JL Griffiths joined the Company as Executive Vice President of our Technology and Development Group.
Mr. Griffiths joined the Company from International Business Machines Corporation, where for the prior two years he had been
Vice President of Worldwide Research and Development Business Analytics and Applications.
•In April 2011, Rohit Kapoor was elected to our Board of Directors. Mr. Kapoor is Chief Executive Officer of ExlService
Holdings, Inc.
(b) Financial Information About Segments
In the first quarter of fiscal 2012, we changed the internal reporting used by our Chief Executive Officer for evaluating segment
performance and allocating resources. The new reporting disaggregates our operations into three operating segments: Mainframe
Solutions, Enterprise Solutions and Services. Prior to fiscal year 2012, we reported and managed our business based as a single
operating segment.
Our Mainframe Solutions and Enterprise Solutions operating segments comprise our software business organized by the nature of our
software offerings and the product hierarchy in which the platform operates. Mainframe Solutions segment products help customers
and partners transform mainframe management, gain more value from existing technology and extend mainframe capabilities. Our
Enterprise Solutions segment consists of various product offerings, including service assurance, security (identity and access
management), service and portfolio management, virtualization and service automation, SaaS and cloud offerings. The Services
segment comprises implementation, consulting, and education and training services, including those directly related to the mainframe
solutions and enterprise solutions software that we sell to our customers.
Refer to Note 18, “Segment and Geographic Information,” in the Notes to the Consolidated Financial Statements for financial data
pertaining to our segment and geographic operations.
(c) Narrative Description of the Business
We are the leading independent enterprise IT management software and solutions company with expertise across a wide range of IT
environments. We develop and deliver software and services that help organizations accelerate, transform and secure their IT
infrastructures to deliver flexible IT services. This allows customers to respond faster to business demands for new services, manage
the quality of services, increase efficiency and reduce risk. Our products and solutions are designed to operate in a wide range of IT
environments — from mainframe and physical to virtual and cloud.
We license our products worldwide. We serve companies across most major industries around the world, including banks, insurance
companies, other financial services providers, government agencies, telecommunication providers, manufacturers, technology
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