There could be a big deal in the software sector in the works (CA)

pulse

June 20, 2017 11:21 PM

BMC Software and CA Inc. are considering a combination that would take publicly-listed CA Inc. private, according to Kiel Porter and Alex Sherman at Bloomberg.

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There could be a big deal in the software sector in the works.

BMC Software and CA Inc. are considering a combination that would take publicly-listed CA Inc. private, according to Kiel Porter and Alex Sherman at Bloomberg.

CA Inc.'s stock price jumped close to 8% on the news. The company

is owned by two private equity firms, Bain Capital and Golden Gate Capital.

CA Inc., which was once known as

Porter and Sherman report that BMC and CA Inc. have approached banks about putting together financing to aid BMC's purchase of CA Inc. The talks are at an early stage, the report said.

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