Chipmaker Broadcom plans $19 billion deal to buy software company CA

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(Reuters) – Broadcom Inc (AVGO.O) plans to acquire U.S. business software company CA Inc (CA.O) in a $19 billion deal aimed at diversifying Broadcom beyond semiconductors, but Wall Street analysts were immediately skeptical.

FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd, who announced on Monday an unsolicited bid to buy peer Qualcomm Inc for $103 billion, is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake

The deal announced on Wednesday would come just four months after U.S. President Donald Trump blocked Broadcom’s $117 billion hostile bid for semiconductor peer Qualcomm Inc (QCOM.O) because it posed a threat to U.S. national security and gave an edge to Chinese companies looking to build next-generation wireless networks.

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…



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