News that Broadcom intends to sell VMware’s End User Computing business unit, which consists of VMware Horizon, VMware App Volumes, and VMware Workspace ONE, to private equity firm KKR raises a number of questions. Though I’ve tracked the EUC space for decades and even wrote about the expected sale, it’s difficult to form a complete … Read more
(Reuters) -Chipmaker Broadcom is selling its unit that allows users to access desktops and applications from any device to private-equity firm KKR in a deal valued at about $4 billion, as part of its efforts to simplify its business after VMware’s acquisition last year for a whopping $69 billion. The end-user computing (EUC) unit will … Read more
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
By Ryan Gould | Bloomberg KKR & Co. is nearing a deal worth about $4 billion to buy a software business from Broadcom, according to people with knowledge of the matter. The acquisition could be announced as soon as Monday, said the people, who asked not to be identified because the details haven’t been made … Read more
Making good on plans announced in December, the chipmaker is selling the VMware EUC unit that delivers remote desktop access to KKR. Source link
By Al Barbarino (February 26, 2024, 11:43 AM EST) — Simpson Thacher & Bartlett LLP-advised KKR said Monday it has agreed to acquire Broadcom Inc.’s end-user computing division in a transaction valued at approximately $4 billion, with Wachtell Lipton Rosen & Katz representing Broadcom on the deal. … Law360 is on it, so you are, too. A … Read more
KKR & Co KKR is reportedly close to finalizing a purchase of a software division from Broadcom Inc AVGO for approximately $4 billion, with the announcement potentially expected on Monday. The unit in question, acquired by Broadcom through its $61 billion takeover of VMware Inc. in 2023, specializes in software that facilitates remote desktop and application access for users. While … 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
Broadcom bought VMware for $61bn in 2023 Credit: Getty Images / Justin Sullivan / Staff Chipmaker Broadcom is selling its unit that allows users to remotely access desktops to KKR in a deal valued at around $4bn. The deal marks the latest… Source link
KKR & Co KKR is reportedly close to finalizing a purchase of a software division from Broadcom Inc AVGO for approximately $4 billion, with the announcement potentially expected on Monday. The unit in question, acquired by Broadcom through its $61 billion takeover of VMware Inc. in 2023, specializes in software that facilitates remote desktop and application access for users. While … Read more