Broadcom acquires CA Technologies for $18.9 billion, adds software to portfolio

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Broadcom said it will acquire CA Technologies for $18.9 billion in cash in a move that broadens its reach into software.

According to Broadcom, CA Technologies will add recurring revenue, make it a larger enterprise player and ultimately a company focused on infrastructure technology.

CA has transformed from a mainframe software company to one focused on DevOps as well as security and building applications.

Also: CA Technologies plots big bet on DevSecOps | Broadcom delivers strong Q2 on data

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