"KKR Acquires Broadcom's Remote-Access and VMware's End-User Computing Units in $4 Billion Deals"
Chipmaker Broadcom is selling its end-user computing unit to private-equity firm KKR for $4 billion in a move to streamline its portfolio after the acquisition of VMware. The unit will operate as a standalone company under existing management. KKR's active investment in the technology services sector reflects the industry's growth during the pandemic, and the deal is expected to close in 2024.