• Chipmaker Broadcom inks $19 billion deal to buy software company CA

    One year ago - By Reuters

    Broadcom Inc announced a $18.9 billion deal to buy U.S. business software company CA Inc on Wednesday, venturing far beyond its realm of semiconductors and testing investors' confidence in its Chief Executive Hock Tan's dealmaking credentials.
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  • Broadcom will acquire CA Technologies for $18.9 billion, just 4 months after Trump blocked its acquisition of Qualcomm

    One year ago - By Chron

    Photo by Martin H. Simon - Pool/Getty Images
    Broadcom announced on Wednesday its intent to acquire CA Technologies, an American software company, for $18.9 billion in cash.
    The deal was first reported earlier on Wednesday by the Wall Street Journal, and later confirmed by CA Technologies in a press release.
    If the deal clears every hurdle and goes through, the $108 billion semiconductor company will pay $44.50 a share for CA in a deal that could go public on Wednesday, the companies say. The news represents Broadcom expanding beyond processors
    News of this deal comes just four months after...
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  • Broadcom acquires CA Technologies for $18.9B in cash

    Broadcom acquires CA Technologies for $18.9B in cash

    One year ago - By Tech Crunch

    Broadcom , the massive semiconductor supplier you may remember from its failed attempt to acquire Qualcomm, today announced that it has reached a definitive agreement with CA Technologies , a major IT management software and solutions provider. The price of the acquisition is $18.9 billion in cash. CA's shareholders will receive $44.50 per share, a 20 percent premium over the closing price of the company's stock today.
    It's a bit of a surprise to see chip manufacturer Broadcom acquire a major software and services company. “This transaction represents an important building block as we...
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