Contributed by NAMPA / Associated Press.
Broadcom to acquire CA Technologies for $18.9 billion<
SAN JOSE, Calif. (AP) - Chipmaker Broadcom says it is buying IT management software company CA Technologies for $18.9 billion in cash.
Broadcom CEO Hock Tan says the move is an important building block for the company as it aims to become a world-leading infrastructure technology provider.
The offer for $44.50 in cash is 20 percent higher than the closing price for CA's shares Wednesday. Shares in New York-based ...