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Reaction: PlanView CEO on CA-Niku Deal
Consolidation in the IT governance and portfolio management software space will continue, but it won't push out all independent providers, Patrick Durbin says.
Projects@Work caught up with PlanView founder and CEO Patrick Durbin, a longtime operator in the world of project and portfolio management (see "Capacity Crowd," April 2004), for his reaction to this month’s announcement that business software giant Computer Associates will acquire IT governance software provider Niku Corp.
Did you see this deal coming? Can we expect others deals like this in the space?
Durbin: Yes we did see it coming and there will be more. There has been a lot of noise about Niku being available and the CA distribution deal was fairly transparent. There are additional companies that would love to get the valuation that Niku and Kintana received, and they will be seriously evaluated by CA, Compuware, IBM and Mercury — competitors that want to be in this market. The IT Governance market is one of the few growing software market segments.
How does this impact the overall landscape of IT Governance/PPM to have another major business software provider roaming it?
The impact on the overall IT Gov/PPM market will be modest. Compared to IBM, CA is not that large, and IBM has had an ownership position in this market for years — finally acquiring Systemcorp last year. We all can remember when it …
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