Software firm’s new parent company cuts 199 jobs in Raleigh days after acquisition Raleigh News & Observer Article Source https://www.newsobserver.com/news/business/article295211124.html
The End-User Computing division of VMware, previously acquired by Broadcom, has been rebranded as Omnissa and is now under the ownership of investment firm KKR following a $4 billion acquisition. Omnissa, with an annual recurring revenue of $1.5 billion and 26,000 customers worldwide, focuses on autonomous and personalized digital workplace solutions with core products like … 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