CA to pay DoJ in Platinum settlement


CA to pay DoJ in Platinum settlement

Computer Associates International (CA) has reached a settlement with the US Department of Justice (DoJ) over a civil suit filed last year that revolved around CA's acquisition of Platinum Technology International, the company said in a statement.

While CA did not admit to any wrongdoing, the software maker has agreed to pay the government $638,000 (£440,580) as part of the settlement.

The DoJ brought the lawsuit against CA last October, alleging that CA had broken pre-merger waiting period regulations and price-fixing laws in its deal with Platinum announced in March 1999.

The settlement will be finalised after a 60-day public comment period, according to the statement.

CA also announced last week that the government had concluded a two-year investigation into its acquisition of Sterling Software without levying a penalty against CA.

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