Broadcom is acquiring CA Technologies for a sum of $18.9 billion. Broadcom, a U.S.-based corporation headquartered in San Jose, CA, is a designer, developer, and global supplier of a range of digital and analog semiconductor connectivity solutions. Broadcom serves four primary end markets: wired infrastructure, wireless communications, enterprise storage and other.
The goal of the acquisition is to build a combined infrastructure technology company that continues Broadcom’s growth into the growing and fragmented infrastructure software market.
“This transaction represents an important building block as we create one of the world’s leading infrastructure technology companies,” said Hock Tan, president and CEO of Broadcom, in a statement. “With its sizable installed base of customers, CA is uniquely positioned across the growing and fragmented infrastructure software market, and its mainframe and enterprise software franchises will add to our portfolio of mission critical technology businesses. We intend to continue to strengthen these franchises to meet the growing demand for infrastructure software solutions.”
As a major vendor in mainframe and enterprise software, CA’s solutions help organizations of all sizes develop, manage, and secure complex IT environments. CA leverages its learnings and development expertise across its mainframe and enterprise solutions businesses, resulting in cross enterprise, multi-platform support for customers. The majority of CA’s largest customers transact with ca across both its mainframe and enterprise solutions portfolios.
The closing of the transaction is expected to occur in the fourth quarter of the 2018 calendar year, and is subject to customary closing conditions, including the approval of CA shareholders and antitrust approvals in the U.S., the EU, and Japan.
Learn more at www.broadcom.com or www.ca.com.