CA Technologies is no longer in agreement to sell its CA ERwin data modeling solution to Embarcadero, the company announced yesterday.
Embarcadero first announced plans to acquire ERwin back in March, stating that data architecture was the biggest part of its business and that the addition of CA’s ERwin technical team and deep data modeling expertise would help the company drive investment and innovation.
It is unclear why CA decided to terminate the deal, but the company said it will continue to invest in product development. Mark Lukianchuk, a 17-year CA veteran, will lead the CA ERwin business, and key members of the leadership team will stay intact.
For financial accounting purposes, CA will continue to recognize the data modeling business as a discontinued operation.