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Broadcom (NASDAQ:AVGO) Plans VMware EUC Business Sell-Off – TipRanks.com

Broadcom (NASDAQ:AVGO) Plans VMware EUC Business Sell-Off – TipRanks.com
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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 from various devices.

Broadcom completed the acquisition of the software company…



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