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Broadcom announces plans to acquire CA Technologies for $18.9B

“The infrastructure technology management software solution provider CA Technologies has announced it is entering into a definitive agreement to be acquired by the semiconductor company Broadcom” writes unknown author for sdtimes.com. The official acquisition is expected to close in the fourth calendar quarter of this year. “This transaction represents an important building block as we create one of the world’s leading infrastructure technology companies.CA shareholders will receive $44.50 per share in cash. “We are excited to have reached this definitive agreement with Broadcom,” said Mike Gregoire, CA Technologies CEO. “This combination aligns our expertise in software with Broadcom’s leadership in the semiconductor industry.
 
Source: sdtimes.com



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