U.S. Markets open in 2 hrs 13 mins

Broadcom acquires CA Technologies for $18.9 billion, adds software to portfolio

ZDNet
Broadcom acquires CA Technologies for $18.9 billion, adds software to portfolio

Broadcom said it will acquire CA Technologies for $18.9 billion in cash in a move that broadens its reach into software. According to Broadcom, CA Technologies will add recurring revenue, make it a larger enterprise player and ultimately a company focused on infrastructure technology. CA has transformed