Chipmaker Broadcom Nears 19 Billion Deal To Buy Software Company Ca Sources

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– Broadcom Ltd is nearing a roughly $19 billion deal to acquire business software company CA Inc, as it seeks to diversify its technology offerings beyond semiconductors, people familiar with the matter said on Wednesday.

The deal would come just four months after U.S. President Donald Trump blocked Broadcom’s $117 billion hostile bid for semiconductor peer Qualcomm Inc, on the grounds that it posed a threat to U.S. national security.

Since then, Broadcom has redomiciled from Singapore to the United States, placing it formally outside the purview of the Committee on Foreign Investment in the United States (CFIUS), the government panel that reviews deals for potential national security risks.




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