CA Gossip

Please post interesting insights into this vendor’s business and products/services here.

If you wish to post anonymously, please email david.ferris@ferris.com. Please identify yourself so that David can determine that the posting should be taken seriously. Alternatively, you can phone him on +1 415 367 3436. We’ll post your material, without identifying you.

One Comment

  1. Anonymous
    Posted September 8, 2008 at 10:42 AM | Permalink

    Posting from an anonymous source (see also Orchestria Update)

    * Calendar 2006 revenues were $20,792K
    * Calendar 2007 revenues were $26,527K. So 66% growth claim for 2007 over 2008 incorrect
    * Goal of 40% of revenues being DLP in cal 2008 won’t happen because the solution was not ready for prime time when it was launched/re-launched in 5/2008
    * Information classification. As of 2/2008, Orchestria had one client in this area, Aeroflex, deal size about $150K
    * Revenues declining in 2008, likely to come in around $21-$22M–MAYBE
    * 30 people laid off in April
    * Legal Hold discontinued 2/2008
    * CFO left in August
    * For sale, potential acquirors valuing purchasing in the $60M to $80M range
    * New markets sales reps–gone

  2. Posted September 24, 2008 at 1:29 AM | Permalink

    The preceding comment was provided anonymously to Ferris Research. It does not necessarily reflect our opinions of Orchestria or its business.

    It should be noted that Orchestria disputes some of the statements made above. And anyway, putting this in context, it’s true of all businesses that things don’t always go as planned.

  3. dferris
    Posted December 20, 2008 at 4:48 AM | Permalink

    We’re hearing rumors that Orchestria is close to a deal to be acquired. If anyone has further information, please post here or if you prefer, eg for anonmyity, contact me at +1 415 367 3436 or email david.ferris@ferris.com.

  4. dferris
    Posted December 31, 2008 at 3:34 AM | Permalink

    December 31, 2008. We were just passed this information from someone who wishes to remain anonymous:

    On Dec 19th Orchestria entered into a merger agreement with Hip Hop One Inc (a subsidiary of CA, Inc.) into a company temporarily called Newco. It should go into effect Jan 7th. Holders of preferred series E and D stock will get some consideration but all other stocks are paid out at 0.00. The estimated value of the merger is $22 million

  5. Anonymous
    Posted February 2, 2009 at 8:29 AM | Permalink

    Dave — any update on the final Orchestria numbers?

  6. dferris
    Posted February 2, 2009 at 10:35 AM | Permalink

    I’m working on that–planning to do a paper analyzing the CA acquisition, and that will have more numbers in it.–david

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