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CA Sells MultiGen Unit to Parallax Capital

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From Bloomberg News

CA Inc., a security and storage software maker, sold its MultiGen-Paradigm Inc. unit to Irvine-based investment company Parallax Capital Partners. Terms weren’t disclosed.

MultiGen-Paradigm makes 3D simulation systems for training U.S. soldiers and pilots for Boeing Co. and NASA, the companies said. CA, formerly Computer Associates International Inc., is based in Islandia, N.Y.

MultiGen-Paradigm, based in San Jose, will have an office in Plano, Texas, Parallax said.

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