Broadcom Ends Talks to Buy Analytics Software Firm SAS

Photographer: David Paul Morris/Bloomberg
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Broadcom Inc.’s discussions to purchase analytics software company SAS Institute Inc. have ended without a deal, according to a person familiar with the matter.

An acquisition would have valued Cary, North Carolina-based SAS at $15 billion to $20 billion, said the person, who asked to not be identified because the discussions were private. The talks collapsed after they became public on Monday, the person said.