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Broadcom nears $3.8 billion sale of remote access unit to KKR, ET Telecom

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 VMware s security software business Carbon Black. ....

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broadcom: Broadcom nears $3.8 billion sale of remote access unit to KKR

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 VMware s security software business, while KKR has a track record in the sector. ....

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