Technology
Rand Paul requested a review of the Broadcom-CA merger
cAlex Wong/Getty
Images
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Senator Rand Paul called for a national security review
of the $19 billion Broadcom-CA merger during a Senate homeland
security meeting. -
Paul cited concerns that 60% of electric companies in
the country are serviced by companies using systems
from Computer Associates
Technologies. -
In March, President Trump blocked Broadcom from
acquiring Qualcomm over national security
concerns.
During a Wednesday Senate hearing on homeland security,
Republican senator Rand Paul
requested a national security review of the pending $19
billion Broadcom-CA merger.
Broadcom was already blocked from acquiring Qualcomm by President
Trump in March over national security concerns, including
Broadcom’s relationship with Chinese manufacturers. Now, Paul is
citing concerns that 60% of electric companies in the
country are serviced by companies using systems
from Computer Associates Technologies (CA).
Although Broadcom has moved from Singapore to the United States,
Paul believes the Committee on Foreign Investment in
the United States should look into the acquisition.
Here is part of Paul’s statement:
“Earlier this year CFIUS intervened to block Broadcom from
acquiring Qualcomm on national security concerns. Now Broadcom
is about to complete acquisitions of Computer Associates
Technologies, also known as CA Technologies, whose network
systems are deeply embedded in many of our critical
infrastructure facilities and national security agencies. For
example, 60% of us electric companies are serviced by companies
using CA systems. Similarly their systems are used in 29
nuclear reactors.We will send you a letter advocating that CFIUS looks at
this… Just because Broadcom has changed its domicile to [the
U.S.] doesn’t mean we shouldn’t look at Broadcom.”
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