Broadcom Gets EU Antitrust Nod For CA Technologies Deal

A man passes Broadcom's Asia operations headquarters office at an industrial park in Singapore in this file photo from September 16, 2014. Avago Technologies Ltd agreed to buy fellow chipmaker Broadcom Corp in a cash-and-stock deal valued at $37 billion to boost its mobile chip and data networking businesses. Photo: REUTERS/Edgar Su/Files

By Vibhuti Sharma, International Business Times

Chipmaker Broadcom Inc said on Friday it has obtained antitrust clearance from the European Union for its $19-billion deal to acquire software company CA Technologies Inc.

Broadcom had on Wednesday said a memo, purportedly signed by the U.S. Department of Defense and circulated among lawmakers calling for a review of the deal, was likely fake.

The chipmaker said it now expects the deal to close on Nov. 5, as the clearance from the EU was the last regulatory hurdle.

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Business - U.S. Daily News: Broadcom Gets EU Antitrust Nod For CA Technologies Deal
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