myEarthLink
News

Weather  

 

The Weather Channel
Cloudy
75° F
New York, NY
Cloudy
Hi: 80° / Lo: 74°

Sports   edit

nhl - Scoreboard [hide]

Saturday, April 21, 2018
New Jersey Devils (44-29-9) at
Final
No Games Scheduled
Monday, September 17, 2018
Preview

nba - Scoreboard [hide]

Tuesday, April 24, 2018
Final
No Games Scheduled
No Games Scheduled

nfl - Scoreboard [hide]

No Games Scheduled
No Games Scheduled
No Games Scheduled

mlb - Scoreboard [hide]

Saturday, July 21, 2018
New York Mets (40-56) at
Final
Sunday, July 22, 2018
New York Mets (40-56) at
Monday, July 23, 2018
New York Yankees (63-34) at
Preview

Market Update  

- By Wallace Witkowski, MarketWatch Rare surge in PC sales expected to boost chip-maker sales Advanced Micro Devices Inc. earnings are expected to benefit from a rare surge in PC sales and ...
More

MarketWatch

 
Sign In to get personalized news, weather and more at myEarthLink.
 

Printable View

Broadcom to acquire CA Technologies for $18.9 billion
From Associated Press
July 11, 2018 6:39 PM EST

SAN JOSE, Calif. (AP) — Chipmaker Broadcom says it is buying IT management software company CA Technologies for $18.9 billion in cash.

Broadcom CEO Hock Tan says the move is an important building block for the company as it aims to become a world-leading infrastructure technology provider.

The offer for $44.50 in cash is 20 percent higher than the closing price for CA's shares Wednesday. Shares in New York-based CA jumped 16 percent in after-hours trading. Shares in Broadcom, which is based in San Jose, California, dropped 6 percent.

Broadcom says it will pay for the acquisition with $18 billion in new debt. The boards of both companies approved the deal, which is targeted to close by the end of the year.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.