by Angela Guess
A recent article out of the company reports, “Private equity firm Parallax Capital Partners today announced that it has completed the acquisition of data modeling software ERwin from CA Technologies (Nasdaq: CA). It will now operate as ERwin, Inc., and will be led by IT industry veteran Adam Famularo, who today has been named CEO of ERwin, Inc. ‘With our acquisition of the industry leader in data modeling, we plan to enhance the value of the ERwin brand and its award-winning solutions, partners and people to the benefit of the overall market,’ said Jim McGarry, operating partner at Parallax.”
The article continues, “ERwin is an industry-leading data modeling and Big Data solution that provides a simple, visual interface for managing complex data environments. It has an established and enduring track record for quality products and superior customer service. ‘The longevity and endurance of the ERwin brand is an exceptional story in itself. That ERwin has been spun out to become an independent operation as part of ERwin, Inc. is good news for data modeling and will doubtless accelerate the evolution of its industry-leading product into Big Data,’ said Robin Bloor Ph.D., Chief Analyst & Cofounder of The Bloor Group and Founder of Bloor Research. Leading the new independent company is Famularo, who most recently served as head of global channels at Verizon Enterprise Solutions and formerly led CA Technologies’ partner sales, cloud computing, recovery management and data modeling business units. Famularo has a proven track record for building technology businesses and driving channel-focused sales.”
Photo credit: ERwin