Broadcom reaches deal to acquire CA Technologies for $18.9B in cash(cnbc.com)

Broadcom reaches deal to acquire CA Technologies for $18.9B in cash

https://www.cnbc.com/2018/07/11/ca-technologies-soars-after-reportedly-nearing-deal-with-broadcom.html

3 comments

That's a baffling acquisition. I've worked in semiconductors for 12 years and yet to see a service/consulting company merge under a semiconductors.

If they acquired someone like HP Enterprise, I'd get the whole vertical integration benefits, I just can't wrap my head around this. It's like Apple acquiring Pepsi

js88 lat temu

It's gonna be interesting. I work in CA on mainframes.. CA is not at all service/consulting, but more like enterprise management software vendor.

I think we have a lot of mainframe utilities which would benefit from tighter integration with hardware. So I wonder if this is going to be a possible direction.

ojosilva8 lat temu

Looks like Broadcom getting back at Trump and the US for the failed Qualcomm deal. CA software runs on critical government, military and banking mainframes. CA is also a good base for acquiring and consolidating sw companies in case Broadcom follows that route.