Senator Rand Paul requested a national security review of the $19 billion Broadcom-CA merger
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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: