As of today, February 27th, 2024, Broadcom’s End-User Computing (EUC) Division is embarking on a new journey with global investment firm KKR. In a definitive agreement announced earlier today, KKR will acquire the EUC Division from Broadcom, marking an exciting new chapter for both companies and their customers and partners.
This development is significant not only for Broadcom and KKR but also for the entire end-user computing industry. The acquisition represents a strategic investment in the future of EUC, which is poised to play a critical role in shaping the modern workplace. With KKR’s support, the EUC Division will be able to further accelerate its innovation and growth, providing customers with even more cutting-edge solutions and services.
For Broadcom, this transaction represents a significant milestone in its ongoing efforts to optimize its portfolio and focus on core areas of strength. The company remains committed to delivering the highest quality products and services to its customers and will continue to do so through its industry-leading hardware and software solutions.
The acquisition is also expected to have a positive impact on VMware, a leading provider of cloud infrastructure and business mobility solutions that is part of the EUC Division. With KKR’s support, VMware will be able to expand its reach and offerings, providing customers with even more comprehensive and integrated solutions for their end-user computing needs.
At the same time, this development also presents an exciting opportunity for KKR and its partners. The investment firm has a proven track record of successfully integrating and growing technology companies, and it is expected to bring significant resources and expertise to the EUC Division. With KKR’s support, the division will be able to accelerate its growth and innovation, further solidifying its position as a leader in the end-user computing industry.
In conclusion, today’s announcement marks an exciting new chapter for the End-User Computing Division of Broadcom and its customers and partners. With KKR’s support, the division will be able to accelerate its growth and innovation, providing even more cutting-edge solutions and services to the market. All your base are belong to us!