Broadcom Merges Symantec and Carbon Black Into New Business Unit
Fresh off its $69 billion acquisition of VMware, Broadcom creates an Enterprise Security Group unit that merges Symantec and Carbon Black. Source link
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Broadcom Merging Carbon Black, Symantec to Create Security Unit
Carbon Black’s uncertain future following the closing of Broadcom’s $69 billion acquisition of VMware in November is now settled, with the security software business merging with Symantec to form Broadcom’s new Enterprise Security Group. Broadcom will make “significant investments in both brands” and offer both Carbon Black and Symantec product portfolios through the new business … Read more
Broadcom to sell workspace solutions unit to KKR for £3.1bn – Techerati
Chipmaker Broadcom is set to sell its end-user computing (EUC) unit to private equity firm, KKR, for £3.1 billion ($4 billion). The move aims to streamline Broadcom’s portfolio following its £54.4 billion ($69 billion) purchase of VMware last year. When finalised, the EUC unit will function as a standalone company, run by its existing management … Read more
Chipmaker Broadcom sells workspace solutions unit to KKR for £3.1bn – Techerati
Chipmaker Broadcom is selling its end-user computing (EUC) unit to private equity firm, KKR, for £3.1 billion ($4 billion). The move aims to streamline Broadcom’s portfolio following its £54.4 billion ($69 billion) purchase of VMware last year. When finalised, the EUC unit will function as a standalone company, run by its existing management team and … Read more
Leaked memos: Broadcom leaders address KKR’s plans to acquire a VMware business unit for $4 billion
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
Chipmaker Broadcom sells remote-access unit to KKR in $4 billion deal
(Reuters) -Chipmaker Broadcom is selling its unit that allows users to remotely access desktops in a deal valued at about $4 billion to KKR, furthering CEO Hock Tan’s efforts to streamline the firm’s portfolio following its VMware takeover. The end-user computing (EUC) unit will become a standalone company and will continue to be run by … Read more
Broadcom pauses $1bn sale of Carbon Black unit
Broadcom acquired software maker VMWare in 2023 for $61bn Credit: Getty Images / Justin Sullivan Broadcom has announced it is pausing the sales process for security software business Carbon Black, valued at $1bn. According to people… Source link
KKR Pays $4Bn for VMWare Unit
Private equity players have been on the lookout for multi-billion dollar deals in recent times. Having witnessed a slowdown in 2023, some really big deals are now being spoken off and KKR added to the flurry of activity by announcing its acquisition of Broadcom’s end-user computing business. It paid $4 billion for VMware Workspace One … Read more
Chipmaker Broadcom sells remote-access unit to KKR in $4 billion deal
(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
KKR nears $4 billion deal for Broadcom unit, formerly a piece of VMware
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