Page 140 - Broadcom News Today

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Broadcom is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private-equity firm KKR.

(Bloomberg) -- KKR & Co. is nearing a deal worth about $4 billion to buy a software business from Broadcom Inc., according to people with knowledge of the matter. Most Read from BloombergBuffett Says ‘Eye-Popping’ Results Unlikely With Record CashInvestors Flee Tumbling EV Upstarts Once Hailed as ‘Next Tesla’Bezos, Nvidia Join OpenAI in Funding Humanoid Robot StartupLitquidity Salary Reports Help Bankers Measure Up Annual RaisesBody of Alexey Navalny Is Given to ...

KKR prevailed in the auction for the end-user computing (EUC) unit over other private equity firms, including EQT , the sources said. Broadcom said in December it would seek to divest its end-user computing unit. It is separately attempting to shed VMwares security software business Carbon Black.

Broadcom is nearing a $3.8 billion deal to sell its business to private equity firm KKR, streamlining its portfolio after acquiring VMware. KKR won the auction, outbidding other firms. Broadcom is also divesting VMwares security software business, while KKR has a track record in the sector.

(Reuters) -Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private equity firm KKR, people familiar with the matter said on Saturday.

In this piece, we will take a look at the 13 best major stocks to buy right now. If you want to skip our coverage of the latest stock market news and some recent trends, then you can take a look at the 5 Best Major Stocks to Buy Right Now. The start of 2024 […]

Morse Asset Management Inc lifted its holdings in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 44.6% during the 3rd quarter, Holdings Channel reports. The firm owned 6,273 shares of the semiconductor manufacturer’s stock after buying an additional 1,935 shares during the period. Broadcom makes up about 1.6% of Morse Asset Management Inc’s holdings, […]

In this piece, we will take a look at the 13 best major stocks to buy right now.

Morse Asset Management Inc lifted its holdings in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 44.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,273 shares of the semiconductor manufacturer’s stock after buying an additional 1,935 shares during the quarter. […]