VMware‘s end-user computing division is set to be acquired by private equity firm KKR in a $3.8 billion deal, according to a recent Reuters report. If the deal goes through, VMware‘s desktop virtualization and application publishing will be outsourced as part of plans announced by Broadcom in December 2023. The estimated sales for end-user computer … Read more
O’Melveny provided guidance to Broadcom Inc. in a recent deal. Broadcom Inc. is a top technology company specializing in designing and producing various semiconductors and infrastructure. The details of the deal were exclusive to standard members for a year. For access, individuals can join now. Article Source https://globallegalchronicle.com/kkrs-us4-billion-acquisition-of-end-user-computing-division-of-broadcom/
VMware, separated by Broadcom, will see changes in its end-user computing products next week, impacting both cloud service providers and customers. Service providers using old VMware Horizon series have two options to continue offering services: purchase licenses for VMware Cloud Foundation and new licenses for Horizon without architectural changes, or purchase VMware vSphere Foundation for … Read more
VMware by Broadcom’s breakup with its end-user compute products will enter a new phase next week, with cloudy service providers and customers both warned of imminent changes. Service providers who offer the old VMware’s Horizon range as a service have the worst of it: an email seen by The Register advises them that they have … Read more
VMware’s end user compute products appear likely to be rebranded as Omnissa after being sold off. Broadcom decided to sell VMware’s portfolio of desktop and application virtualization products after it acquired the biz, deeming them surplus to requirements. They were picked up by private equity operation KKR for around $4 billion. The Omnissa name appeared … Read more
âThe paralysis that had overtaken the VMware EUC business is gone,â said Jed Ayres, CEO of ControlUp, a leader in the digital employee experience software market. âKKR is going to provide innovation, investment, leadership, vision and stability. KKR is going to be a stabilizing force for this business. This is a great thing for the … Read more
All this comes as the global market continues to look rosy for IT and cloud spending. Recently, Gartner forecasted that most major markets would see healthy growth in IT spending for 2024, including Europe, where it’s projected to be up 9% for the year, and India, which is projecting 11% growth. Globally, IT spending is … Read more
Broadcom recently revaled it intends to divest VMware’s end-user compute products, which span virtual desktops, app publishing, and device management. Let’s ponder where they might land. The end-user compute (EUC) business unit celebrated its imminent spin-out, with VP and general manager Shankar Iyer writing “We view this as a powerful benefit for our customers and … Read more
As hybrid work continues to be the norm in the post-pandemic era, enterprises have to grapple with the reality of dealing with the complexity of multiple users and workloads. Based on a renewed focus on end users because they are no longer confined in office spaces, VMware Inc. offers seamless end-user computing through enhanced experience, … Read more