Computer Associates International Inc. (CA) has reached a settlement with the U.S. Department of Justice (DOJ) over a civil suit filed last year that revolved around CA's acquisition of Platinum Technology International Inc., the company said Tuesday in a statement.
While CA did not admit to any wrongdoing, the software maker has agreed to pay the government US$638,000 as part of the settlement. The DOJ brought the lawsuit against CA in October of last year, alleging that CA had broken premerger waiting period regulations and price-fixing laws in its deal with Platinum announced in March 1999. The settlement will be finalized after a 60-day public comment period, according to the statement.
CA, based in Islandia, New York, also announced last week that the government had concluded a two-year investigation into its acquisition of Sterling Software Inc. without levying a penalty against CA.