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Ca, Inc.

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At a Glance

Uppers

Good benefits

Challenging work

Positive work-life balance

Downers

Small pay raises

Lots of layoffs

The Bottom Line

CA Technologies offers employees an opportunity to work with the latest technology, but employees wish it offered a more stable work environment.

About Ca, Inc.

Broadcom Inc. is one of the leading global technology that designs, develops and supplies different semiconductors and infrastructure software solutions, which are used to build and grow the customer's business in a constantly changing environment. The company also offers cybersecurity solutions with its recent acquisition of Symantec's Enterprise Security business. Broadcom generates majority of its revenue in Asia Pacific region.

Operations

Broadcom Inc. operates in three reportable segments: Semiconductor Solutions, Infrastructure Software and IP licensing.

Semiconductor solutions segment, which accounts for more than 75% of total revenue, provides variety of RF semiconductor devices, wireless connectivity solutions and custom touch controllers for mobile applications. It also includes products for general industrial and automotive markets.

Infrastructure software segment produces a portfolio of mainframe, enterprise and storage area networking solutions. The segment generates almost 25% of total revenue. The remaining revenues are from IP licensing.

Overall, Broadcom Inc. produces around 80% of sales from its products and roughly 20% from subscriptions and services.

Geographic Reach

Broadcom Inc. is headquartered in San Jose, California. It has about 15 sales offices, nearly 85 locations and a manufacturing facility in Asia, Europe, Middle East and Americas. The company's largest market is Asia Pacific, which generates over 65% of sales, followed by Americas with nearly 25%. Around 10% of sales are from Europe, the Middle East and Africa.

Sales and Marketing

Broadcom Inc. sells its products through its direct sales force and select network of distributors and channel partners globally. Apple Inc. and WT microelectronics combined accounted for more than 35% of the company's net revenue for the fiscal year 2019. The company also distributes its products to a wide variety of OEMs or their contract manufacturers.

Financial Performance

Revenue by the end of 2019 increased by 8% to $22.6 billion from $20.8 billion in the prior year. The company's total net revenue increased primarily due to the acquisition of CA in fiscal year 2019, while net revenue from their semiconductor solutions segment decreased due to lower demand for their wireless content in mobile handsets, as well as lower demand for their broadband, optocoupler, set-top box and server storage connectivity.

The company's net income decreased by 78% to $2.7 billion in 2019 from $12.6 billion in the prior year. The fall was primarily due to the increase on their operating expense and lower benefit from income taxes.

Cash held by the company increased by $763 million to $5.1 billion in 2019, from $4.3 billion in 2018. Cash provided by operations and financing activities were $9.7 billion and $6.5 billion, respectively. Cash used for investing activities was $15.4 billion primarily for acquisitions of businesses.

Strategy

Broadcom's strategy is to combine best-of-breed technology leadership in semiconductor and infrastructure software solutions, with unmatched scale, on a common sales and administrative platform to deliver a comprehensive suite of infrastructure technology products to the world's leading business and government customers. The company seek to achieve this through responsibly financed acquisitions of category-leading businesses and technologies, as well as investing extensively in research and development, to ensure Broadcom's products retain their technology leadership. This strategy results in a robust business model designed to drive diversified and sustainable operating and financial results.

The company's growth strategy includes the acquisition of, and investment in, businesses that offer complementary products, services and technologies, augment their market coverage, or enhance their technological capabilities, such as their recent acquisition of the Symantec Business. Broadcom may also enter into strategic alliances or joint ventures to achieve these goals.

Mergers and Acquisitions

In late 2019, Broadcom Inc. acquired Symantec Corporation's (now known as NortonLifeLock Inc.) Enterprise Security business for approximately $10.7 billion. Symantec's, based in Arizona, enterprise security business offers a best-in-class suite of integrated enterprise security solutions. Hock Tan, President and CEO of Broadcom stated, "Symantec's Enterprise Security business expands our footprint of mission critical infrastructure software for the Global 2000".

Company Background

Broadcom Inc. was founded through a combination of industry leaders Broadcom, LSI and Broadcom Corporation. In 1960s, the company introduced the first commercially available light-emitting diode (LED) dot matrix displays and also developed Gallium-arsenide-phosphide (GaAsP) LEDs, which are used in many applications including alphanumeric displays for handheld devices, stoplights and signage, It introduced the industry's first low-cost, high-speed, small infrared transceiver, which allowed wireless 'point and shoot' data exchange in portable computing applications such as phones, computers, cash register and others in 1990s. In 2002, the company acquired RedSwitch Inc. for its expertise in InfiniBand and RapidIO. Broadcom Inc., since then, expanded its business through acquisitions.

Ca, Inc.

520 Madison Ave
New York, NY 10022-4213
Phone: 1 (800) 225-5224

Firm Stats

Employer Type: Publicly Owned
CEO and Director: Michael P. Gregoire
President and Chief Product Officer: Ayman Sayed
Chairman: Arthur F. Weinbach

Major Office Locations

New York, NY

Other Locations

Mesa, AZ
Scottsdale, AZ
Laguna Hills, CA
Roseville, CA
San Diego, CA
San Francisco, CA
Santa Clara, CA
Boulder, CO
Denver, CO
Englewood, CO
East Windsor, CT
Aventura, FL
Miami, FL
Tampa, FL
Alpharetta, GA
Lisle, IL
Burlington, MA
Livonia, MI
Chesterfield, MO
Kansas City, MO
Charlotte, NC
Morrisville, NC
Raleigh, NC
Ewing, NJ
Central Islip, NY
Islandia, NY
Portland, OR
Pittsburgh, PA
Arlington, TX
Plano, TX
Herndon, VA
Bellevue, WA
Spokane, WA
Bengaluru, India
Fukuoka, Japan
Nagoya, Japan
Osaka, Japan
Belo Horizonte, Brazil
Brasilia, Brazil
Porto Alegre, Brazil
Rio De Janeiro, Brazil
Montreal, Canada
Ottawa, Canada
Thornhill, Canada
London, England
Pudsey, England
Edinburgh, Scotland