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February 27, 2024
CEO Hock Tans 2023 pay, which was fueled by stock awards of $160.5 million, was 510 times the median salary of employees at the chip firm.
February 27, 2024
The end-user computing (EUC) unit will operate as a standalone company and will continue to be run by its existing management team led by Shankar Iyer, KKR said in a statement on Monday.
February 25, 2024
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.
February 25, 2024
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…
February 25, 2024
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.
February 25, 2024
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.
February 25, 2024
(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.
February 25, 2024
The deal represents an effort by Broadcom CEO Hock Tan to streamline the firm's portfolio after its $69 billion takeover of VMware.
February 24, 2024
: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.The potential deal represents an effort by Broadcom CEO Hock Tan to streamline the company'
December 8, 2023
:Chipmaker Broadcom forecast annual revenue below Wall Street estimates on Thursday, as weak enterprise spending and stiff competition cast a shadow on its acquisition of VMware.Shares of San Jose, California-based Broadcom, which recently closed its acquisition of the cloud computing firm, fell more than 1 p