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

Matt Turner   

There could be a big deal in the software sector in the works
Finance1 min read
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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 valued at around $13.3 billion.

BMC creates software and services that assist businesses in moving to digital operations, and is owned by two private equity firms, Bain Capital and Golden Gate Capital.

CA Inc., which was once known as Computer Associates International, provides software solutions that help customers plan, develop, manage and secure applications.

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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