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CA Technologies' largest shareholder dies
Swiss billionaire Walter Haefner, the largest shareholder in Islandia-based software maker CA Technologies, has died, Bloomberg News reported.
Haefner, one of the world's oldest billionaires, died on June 19 in Zurich, Switzerland, "after a long and fulfilled life," according to a statement on the website of Amag Automobil und Motoren, the Swiss car dealership he founded. He was 101.
Haefner invested in CA Inc. in the early 1970s. In a June 5 regulatory filing, CA said Haefner owned 26.66 percent of CA, the world's second-largest maker of mainframe-computer programs.
Careal Holdings, the vehicle that owns Haefner's CA stock, said in a statement forwarded by CA, "Careal expects no change in the relationship between CA Technologies and Careal Holding in light of the passing of our founder, Walter Haefner.”
Haefner "saw the promise in a digital future," Sam Wyly, the Dallas-based businessman who built a fortune in technology and retailing, wrote about Haefner in his 2008 book, "1,000 Dollars and an Idea: Entrepreneur to Billionaire."
In a statement, CA expressed sorrow at Haefner's passing. “We are saddened to learn of the passing of Walter Haefner, one of our largest and long-time shareholders of CA Technologies," said Jennifer Hallahan, director of CA corporate communications. " We valued his insight and knowledge of our business and he will be missed. We look forward to continuing our relationship with his son Martin and Careal Holdings. Our thoughts go out to Martin and the Haefner family.”
In mid-day trading, CA stock was up 30 cents to $26.41
Photo: Walter Haefner