Broadcom Offloads ‘Non-Core’ VMware EUC Unit to KKR
Making good on plans announced in December, the chipmaker is selling the VMware EUC unit that delivers remote desktop access to KKR. Source link
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KKR Buying Former VMware Unit From Broadcom In $4B Deal – Law360
By Al Barbarino (February 26, 2024, 11:43 AM EST) — Simpson Thacher & Bartlett LLP-advised KKR said Monday it has agreed to acquire Broadcom Inc.’s end-user computing division in a transaction valued at approximately $4 billion, with Wachtell Lipton Rosen & Katz representing Broadcom on the deal. … Law360 is on it, so you are, too. A … Read more
Chipmaker Broadcom sells remote access unit to KKR for $4bn
Broadcom bought VMware for $61bn in 2023 Credit: Getty Images / Justin Sullivan / Staff Chipmaker Broadcom is selling its unit that allows users to remotely access desktops to KKR in a deal valued at around $4bn. The deal marks the latest… Source link
Broadcom is selling even more VMware assets — end-compute unit set for billion-dollar deal
It seems that Broadcom isn’t quite finished with its shake-up of VMware just yet, as it plans to sell off its End-User Compute (EUC) arm. According to reports, Broadcom, which bought VMware in November 2023, is selling the EUC portion to KKR, a private equity firm that already owns cyber security firm Barracuda Networks, as … Read more
Broadcom reportedly nears $3.8 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
Leaked email shows the top executives leading VMware’s edge unit after Broadcom’s $69 billion acquisition
After Broadcom acquisition, VMware will operate with four divisions. A leaked email shows the top executives who will lead one of these divisions, Software-Defined Edge. Broadcom laid off VMware employees this week after closing the deal November 22. After Broadcom closed its $69 billion acquisition of VMware on November 22, it also did some reorganization. Broadcom … Read more
Intel To Set Its FPGA Unit Free To Pursue Its Own Path – The Next Platform
Maybe Intel chief executive officer Pat Gelsinger has spent too much time at EMC and VMware. Because now Intel wants to spin out the FPGA business that is a small but bright spot in its datacenter and edge computing businesses. It never made a lot of sense that EMC, the maker of traditional storage arrays … Read more