Broadcom’s stock saw a slight increase as it is gearing up for a 10-for-1 stock split. This move comes as the company aims to make its shares more accessible to investors. The stock split is set to take place soon, which has piqued the interest of market observers. The decision to implement a stock split … Read more
In today’s stock market, the Dow Jones Industrial Average saw a significant increase of over 200 points. This positive movement comes amid ongoing volatility and uncertainty in the market. One notable stock to watch is Nvidia, which is teetering on the edge of entering correction territory. This means that the stock has experienced a significant … Read more
KKR & Co (NYSE:KKR) is reportedly close to finalizing a purchase of a software division from Broadcom Inc (NASDAQ: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 … 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
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
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
A sign on the campus offices of chipmaker Broadcom is shown in Irvine, California. Mike Blake | Reuters Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private-equity firm KKR, people familiar with the matter said on Saturday. The potential … Read more
VMware started cutting jobs this week as Broadcom prepares to acquire it. Broadcom has said it expects to close the deal October 30, although China could hold it up. Previously, Insider reported that Broadcom was planning drastic job cuts for VMware. VMware has begun job cuts this week as a deadline for Broadcom’s planned acquisition … Read more