EUC

KKR to acquire VMware’s EUC Division from Broadcom for $4 billion – Tech Observer

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KKR to acquire VMware’s EUC Division from Broadcom for billion – Tech Observer

Investment firm KKR has reached a definitive agreement to acquire Broadcom‘s End-User Computing Division (EUC Division) for roughly $4 billion. The transaction will transform the EUC Division into an independent entity. Previously part of VMware before Broadcom’s acquisition, the EUC Division specialises in digital workspace technologies. It offers Horizon, a virtual desktop and application platform, … Read more

KKR’s $3.8B Rescue Of Broadcom’s VMware EUC Business: 5 Things To Know

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KKR’s .8B Rescue Of Broadcom’s VMware EUC Business: 5 Things To Know

KKR is promising to expand R&D, pursue new strategic partnerships and invest in employee ownership. Partners say the increased investment is a big boost to the strong VDI technology stack. Broadcom announced it would look for a home for the EUC and Carbon Black products when it closed on the $69 billion acquisition of VMware. … Read more

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

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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

Broadcom intends to divest VMware EUC: What’s next? | TechTarget

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Broadcom intends to divest VMware EUC: What’s next? | TechTarget

When Broadcom’s acquisition of VMware closed at the end of November, we learned that it was going to seek “strategic alternatives” for VMware end-user computing. In Broadcom’s fourth-quarter earnings call last week, CEO Hock Tan put a bit more wood behind the arrow on his plans, confirming that Broadcom officially intends to divest itself … Read more

Broadcom to divest VMware’s EUC and Carbon Black units

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Broadcom to divest VMware’s EUC and Carbon Black units

Updated Broadcom CEO Hock Tan has announced his intention to divest VMware’s end-user computing and Carbon Black units, and signalled a rapid shift to subscription licenses of bigger software bundles. Speaking on Broadcom’s Q4 2023 earnings call, Tan told investors “We are now refocusing VMware on its core business of creating private and hybrid cloud … Read more