Broadcom agrees to buy CA Technologies for $19 billion

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CNET—Deal comes four months after Trump blocked chipmaker's mega-bid for Quaclomm.

Broadcom's $19 billion deal to buy 'unloved' CA Technologies shocked everyone and crushed the stock— here's what they could be missing (AVGO, CA). Broadcom's stock plummeted on Thursday following news of its $18.9 billion acquisition of CA Technologies. While investors fled, analysts familiar with the companies aren't so sure that the deal is bad for Broadcom. The bull case for Broadcom's acquisition is multi-faceted: Some analysts see cross-over between the two companies' product portfolios — particularly in mainframes, where Broadcom has a hardware footprint and CA Technologies has a software play. Others see Broadcom as pivoting toward...