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.

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

COMMENTS powered by Disqus  //  Commenting policy