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Chipmaker Broadcom sells remote-access unit to KKR in $4 billion deal, ET Telecom

The VMware deal, which faced several regulatory hurdles, was among the biggest globally when it was announced in May 2022. Broadcom closed the acquisition more than a year later, in November 2023, after receiving regulatory approval in China. ....

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broadcom kkr remote-access unit: Chipmaker Broadcom sells remote-access unit to KKR in $4 billion deal

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. ....

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