"KKR's $4 Billion Acquisition of Broadcom's VMware EUC Business: Key Insights"

Private equity firm KKR has offered $4 billion to acquire Broadcom's VMware End-User Computing (EUC) business, promising to expand R&D, pursue new partnerships, and invest in employee ownership. The deal is expected to close in 2024, and the EUC Division will become a standalone company with increased access to growth capital. Partners hope the acquisition will bring back innovation to the EUC business, contrasting recent layoffs at competitor Citrix. The existing management team, led by Shankar Iyer, will remain in place, and KKR's investment is seen as a positive development for the overall EUC market.