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Business software maker CA Inc, trying to shake off sluggish sales growth, is digging into a sizeable war chest built over the years to propel growth through acquisitions and a renewed focus on its own products. CA may spend more than the $300 million to $500 million it earmarked for acquisitions in the fiscal year ending March 31, 2015 to bolster its cloud and security operations, Chief Executive Michael Gregoire told Reuters in an interview. We have a lot of flexibility to do a variety of acquisitions,” Gregoire said, adding that he prefers doing small deals. CA, which also makes cloud software, is keen to reclaim its status as a high-growth company, following its struggle in recent years to cope with competition from bigger rivals such as IBM Corp, Oracle Corp and VMware Inc. “If they make the right acquisition that can really go a long way towards moving the top line in the right direction,” FBR Capital Markets analyst Daniel Ives said.