Nasdaq-listed IT management software and solutions company CA Technologies is looking for acquisition targets all over the world including India, a top company official said today.

CA Technologies CEO William E McCracken said the ideal company that they are looking for would be in the range of USD 10 million and USD 500 million.

"We are constantly scouting for potential targets across the world, and we probably have between 200 and 300 companies on our merger and acquisitions' radar at any given point of time and India is a good technology location and hence, is a good target for us," he told reporters at a press conference here.

According to him, the company had invested around USD 2 billion in acquisitions in the last two-and-a-half years.

It also bought Arcot Systems for USD 200 million, which has a 115-strong research and development (R&D) centre in Bangalore, during this period, he said.

McCracken said CA Technologies may invest around USD 300 million to USD 500 million in the current year.

"We are not in any specific discussions right now. We make decisions just as a prospect," he said, while declining to spell out a time-frame.

CA Technologies' single-largest R&D facility is situated in Hyderabad. It develops about 30 per cent of the company's global products and at present has a headcount of 2,000.

Meanwhile, CA, in partnership with the International Institute of Information Technology, Hyderabad (IIIT-H), today opened the University Innovation Centre at its India Technology Centre.

The centre will blend the expertise of CA software thought leaders with IIIT-H's research resources to create and drive delivery of new products and centres.