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Euc

All articles tagged with #euc

businesstechnology1 year ago•5 min saved

"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.

via CRN|

#broadcom #businesstechnology #euc

businesstech1 year ago•1 min saved

Broadcom's $3.8B Sale of VMware End User Compute Business to KKR Near Completion

Private equity firm KKR is reportedly close to acquiring Broadcom's VMware End User Compute (EUC) business for $3.8 billion, following Broadcom's $69 billion acquisition of VMware last year. The deal, which could be announced as early as Monday, is seen as a positive move for the industry, with KKR potentially being a good steward of the technology and business. This acquisition could create a new EUC powerhouse and benefit employees, customers, and partners, providing a more certain future for the VMware EUC business and the VDI market as a whole.

via CRN|

#broadcom #businesstech #euc