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Broadcom to Buy CA: Let the Head-Scratching Begin

This deal is a bit of a head scratcher, and it's not clear the statement by Broadcom CEO Hock Tan really clarifies matters. With its sizeable installed base of customers, CA is uniquely positioned across the growing and fragmented infrastructure software market, and its mainframe and enterprise software franchises will add to our portfolio of mission critical technology businesses. Broadcom further added that the deal "builds One of the World's Leading Infrastructure Technology Companies" and in so doing, "continues Broadcom's Focus on Acquiring Established Mission Critical Technology Businesses." The deal will "expand Broadcom's TAM to Include Growing and Fragmented Infrastructure Software Market." Wall Street will have lots of questions about that.