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Deutsche Bank Upgrades CA on Virtualization and Cloud Computing

CA is launching a major new talent acquisition program in EMEA, which will help drive the company's next level of growth

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CA is launching a major new talent acquisition program in EMEA, which will help drive the company's next level of growth.

CA is using the program to target Associate Account Managers, Directors of Solutions Sales, Senior Solution Strategists, Sales Account Managers, Technical Sales Consultants, and Alliance Account Managers. Successful candidates will be joining one of the industry's most dynamic and collaborative working environments - one which is setting the pace in Enterprise IT Management. Few other organisations offer greater upward and lateral mobility, better employment facilities, or more opportunities to make an impact and shape a career.

The launch of the large-scale recruitment program coincides with one of the most fundamental and progressive changes in the information technology industry.

A Deutsche Bank analyst upgraded CA Inc. Wednesday, saying the business software company is poised to benefit from opportunities in the new technologies of virtualization and cloud computing.

Virtualization helps companies save money on power and equipment by enabling a single computer to function like multiple machines. Cloud computing is centered on the idea of running software from remotely hosted computers rather than on the user's own machine.

Analyst Todd Raker raised his rating to "Buy" from "Hold" and increased his target price on the company's shares to $28 from $22. Shares of CA finished Tuesday's trading at $21.91.

Raker said that as cloud computing starts to see "significant adoption" by businesses, managing how it is used will become increasingly important. Cloud computing leads to increased service and elevated security requirements for the companies that use them, and CA's "product portfolio is well positioned to benefit," the analyst said.

"We think the Street does not fully appreciate the virtualization/cloud computing management opportunity," Raker added.

Customers are demanding more and more from their existing technology, while new initiatives like Cloud Computing and Virtualization are changing forever the way companies organise - and engage with - technology. This new talent acquisition program will enable CA to further capitalise on these opportunities, inspiring the new ideas and initiatives necessary to drive the company's growth.

"CA is extending its pool of talent to help customers exploit the opportunities offered by cloud computing, virtualization and other technologies," says Gail Wilkinson , Senior Vice President, Human Resources, EMEA. "This talent acquisition program offers a wealth of opportunities for important and rewarding work. Successful candidates will be joining a remarkable company. Combining the foundation of an industry leader with the passion of a start-up, CA believes in an entrepreneurial workplace, where ideas are encouraged and initiative is rewarded."

The talent acquisition program has launched in November, in the following countries: UK, France, Germany, Switzerland, Denmark, Norway, Netherlands, Belgium, Finland, Sweden, Austria, Spain, Middle East and Central Europe.

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