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Did Broadcom buy CA Technologies?

SAN JOSE, Calif., Nov. 5, 2018 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced that it has completed its acquisition of CA Technologies (NASDAQ: CA) ("CA").

Could CA Technologies help diversify Broadcom?

CA Technologies, which manufactures cloud-based and traditional enterprise software, could help diversify Broadcom, should it gain antitrust approvals in the U.S., the E.U. and Japan. The boards of both companies have already approved the deal.

Can Broadcom win the confidence of ca's core mainframe base?

Broadcom has some time to win the confidence of CA's core mainframe base, but it's not a free pass. If corporate users sense that Broadcom has backed away from its commitment to mainframe software, it might turn to CA's competitors.

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