Broadcom nears $3.8bn deal to sell remote access unit to KKR, consolidating company's portfolio post VMware acquisition.
Broadcom is near a $3.8 billion deal to sell its remote access unit to private equity firm KKR, according to people familiar with the matter. This move comes as Broadcom CEO Hock Tan attempts to streamline the company's portfolio after completing its $69 billion takeover of software maker VMware in November. The purchase of Broadcom's end-user computing (EUC) unit would give KKR a significant presence in the technology sector.
February 24, 2024
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