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Broadcom Is To Acquire CA Technologies

Video Credit: Wochit - Duration: 00:31s - Published < > Embed
Broadcom Is To Acquire CA Technologies

Broadcom Is To Acquire CA Technologies

Broadcom announced on Wednesday its intent to acquire CA Technologies, an American software company, for $18.9 billion in cash.

Business Insider writes that the move was 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.

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