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Just so, why did Broadcom buy CA?

When chip giant Broadcom (NASDAQ:AVGO) announced in July that it planned to pay $18.9 billion in cash to acquire CA Technologies (NASDAQ:CA), the reaction from analysts was far from positive. CA is a software company that derives the bulk of its revenue and almost all its profit from solutions for mainframe systems.

Furthermore, who bought CA? On August 8, 2018, CEO Mike Gregoire was elected as chairman of CA Technologies board of directors, replacing retiring chairman Art Weinbach. On July 11, 2018, Broadcom announced it would acquire the company for $18.9 billion in cash.

Also question is, did Broadcom Buy CA Technologies?

Broadcom reaches deal to acquire CA Technologies for $18.9 billion in cash. Broadcom announced Wednesday that it had entered into an agreement to acquire CA Technologies for $18.9 billion. The takeover would mark a strategic win for Broadcom in the months following its failed takeover bid for rival Qualcomm.

Who did Broadcom acquire?

Broadcom Corporation was an American fabless semiconductor company that made products for the wireless and broadband communication industry. It was acquired by Avago Technologies in 2016 and currently operates as a wholly owned subsidiary of the merged entity Broadcom Inc.