Broadcom (NASDAQ:AVGO) Plans VMware EUC Business Sell-Off – TipRanks.com
Broadcom (NASDAQ:AVGO), which provides chips, enterprise software, and security solutions, is reportedly seeking to divest VMware’s End User Compute (EUC) business to the private equity firm KKR (NYSE:KKR) for $3.8 billion, Reuters reported. This move aligns with Broadcom’s strategy to streamline operations and concentrate primarily on its core businesses. EUC allows users to access desktops and apps … Read more