A federal judge recently dismissed a proposed class action lawsuit against Cisco Systems Inc. over its use of BlackRock Inc. target date funds in its employees’ 401(k) plan. Participants in Cisco’s retirement plan had raised concerns about how the company monitored the BlackRock funds, claiming that the comparison to “personalized benchmarks” was not helpful. However, … Read more
Broadcom leaders addressed VMware staff about the future of one of its business units that global investment firm KKR plans to acquire, according to internal memos viewed by Business Insider. KKR announced on Monday that it entered into a definitive agreement to acquire the End-User Computing division from Broadcom for about $4 billion. Under this … Read more
Broadcom (NASDAQ:AVGO), which provides chips, enterprise software, and security solutions, is reportedly seeking to divest VMware’s End User Comput… Source link
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
Semiconductor giant Broadcom is seeking to sell nearly two-thirds of the 1.6 million-square-foot Palo Alto campus it acquired in November, the San Francisco Chronicle reported Wednesday. The company, which acquired competitor VMware for $69 billion, plans to sell about one million square feet of the former VMware property at 3401 Hillview Ave. and occupy the remaining … Read more
SAN JOSE, California (AP) — Broadcom says it has cleared all regulatory hurdles for acquiring VM Ware and plans to close the deal on Wednesday. Source link
Broadcom says it has cleared all regulatory hurdles for acquiring VM Ware and plans to close the deal on Wednesday. ByThe Associated Press November 22, 2023, 3:29 AM SAN JOSE, California — Broadcom says it has cleared all regulatory hurdles for acquiring VM Ware and plans to close the deal on Wednesday. Source link
Broadcom says it has cleared all regulatory hurdles for acquiring VM Ware and plans to close the deal on Wednesday. ByThe Associated Press November 22, 2023, 3:29 AM SAN JOSE, California — Broadcom says it has cleared all regulatory hurdles for acquiring VM Ware and plans to close the deal on Wednesday. Source link
Broadcom says it has cleared all regulatory hurdles for acquiring VM Ware and plans to… Source link
