Home Private Equity Broadcom reportedly nears $3.8 billion sale of remote access unit to KKR

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

26
0

A sign on the campus offices of chipmaker Broadcom is shown in Irvine, California.

Mike Blake | 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.

The potential deal represents an effort by Broadcom CEO Hock Tan to streamline the company’s portfolio after completing its $69 billion takeover of software maker VMware in November.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here