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 Workspace ONE and Horizon. The company will maintain its existing management team led by CEO Shankar Iyer and its 4,000 employees. Omnissa plans to invest in AI, open APIs, and simplified product and pricing strategies to create an autonomous workplace experience. CEO Iyer expressed optimism about the company’s future with the support of KKR, positioning Omnissa as a key player in the $26 billion market opportunity. Bradley Brown from KKR praised Omnissa’s innovation and potential in the digital workplace market. The company aims to integrate its products into an AI-driven platform to automate device and application provisioning and deliver new services and use cases for employees and management. The leadership team, including Iyer and other executives, will elaborate on Omnissa’s strategy at an upcoming event on July 23. The transaction will involve local closures in certain jurisdictions by 2024.
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