Skip to content
Subscriber Only

Broadcom's Tan Tests Deal-Making Reputation With CA Buy

  • Convincing investors of value of the purchase is next for CEO
  • Company says move into new areas been planned ‘for awhile’
Video player cover image
Broadcom Agrees to Buy CA Technologies in $18.9 Billion Deal
Updated on

After almost a decade of deals that have been lauded by the market, Broadcom Inc. Chief Executive Officer Hock Tan has some explaining to do about his latest target.

Broadcom’s planned $18.9 billion purchase of corporate software maker CA Technologies, unveiled late Wednesday, represents a leap into a completely different area of electronics with no significant overlap with the semiconductor industry Tan has so successfully reshaped.