sale

Broadcom Nears Sale Of VMware-Acquired Software Division To KKR In Strategic Shift Towards Cloud Services: Report

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Broadcom Nears Sale Of VMware-Acquired Software Division To KKR In Strategic Shift Towards Cloud Services: Report

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

Broadcom Nears Sale Of VMware-Acquired Software Division To KKR In Strategic Shift Towards Cloud Services: Report – Broadcom (NASDAQ:AVGO), KKR & Co (NYSE:KKR)

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Broadcom Nears Sale Of VMware-Acquired Software Division To KKR In Strategic Shift Towards Cloud Services: Report – Broadcom (NASDAQ:AVGO), KKR & Co (NYSE:KKR)

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

Broadcom reportedly nears $3.8 billion sale of remote access unit to KKR

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Broadcom reportedly nears .8 billion sale of remote access unit to KKR

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

Broadcom to Sell 13 Buildings in Stanford Research Park

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Broadcom to Sell 13 Buildings in Stanford Research Park

Broadcom’s Hock Tan and an aerial of the Stanford Research Park Campus (Getty; Todd Quam at Digital Sky Photography) Broadcom is selling 13 buildings it recently acquired on nearly 70 acres at Stanford Research Park in Palo Alto.  Broadcom got the property as part of its $69 billion acquisition of VMWare and will continue to … Read more

Broadcom to Sell 11 Buildings in Stanford Research Park

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Broadcom to Sell 11 Buildings in Stanford Research Park

Broadcom’s Hock Tan and an aerial of the Stanford Research Park Campus (Getty; Todd Quam at Digital Sky Photography) Broadcom is selling 11 of the 13 buildings it recently acquired on nearly 70 acres at Stanford Research Park in Palo Alto.  CBRE’s Silicon Valley Capital Markets team will market the unused portion of the semiconductor … Read more

VMware’s $92bn sale showers cash on Michael Dell and Silver Lake

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Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. A private equity deal that stands out for its length and complexity has also turned out to be one of the industry’s most lucrative, reaping $70bn in gains for tech entrepreneur Michael Dell and investment … Read more