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At a Wednesday Senate hearing on homeland security, Republican Senator Rand Paul called for a national security review of the $ 19 billion merger between Broadcom and CA.
In March, President Trump had already prevented Broadcom from acquiring Qualcomm for national security reasons, including Broadcom's dealings with Chinese manufacturers. Paul now cites concerns that 60% of the country's electricity companies are served by companies using Computer Associates Technologies (CA) systems.
Although Broadcom has moved from Singapore to the United States, Paul believes that the US Foreign Investment Committee should review the acquisition.
Here is a part of Paul's statement:
Earlier this year, the CFIUS stepped in to prevent Broadcom from acquiring Qualcomm for national security reasons, and Broadcom is nearing completion of the acquisition of Computer Associates Technologies, also known as CA Technologies, whose network systems are deeply embedded in many of our critical infrastructures and national infrastructures, for example, 60% of US electrical companies are served by companies that use certification systems, and their systems are used in 29 reactors. We will send you a letter in which you encourage the CFIUS to consider this issue … Just because Broadcom has changed its address to [the U.S.] does not mean we should not be watching Broadcom. "
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