KKR Acquires Broadcom's VMware EUC Division for $4 Billion

The acquisition marks a significant shift for the VMware EUC Division, transitioning it into a standalone company under KKR's majority ownership.

KKR has entered into a definitive agreement to acquire Broadcom's End-User Computing (EUC) Division for approximately $4 billion, making it a standalone entity.
Broadcom acquired VMware in November, and the EUC Division sells flagship products like VMware Horizon and Workspace ONE.
The deal is expected to close later this year, subject to regulatory approvals, with KKR planning significant investments in the division.
KKR intends to implement an employee ownership program, allowing employees to own equity in the new standalone company.
The acquisition is part of a broader trend of significant multi-billion dollar deals in the tech sector, signaling a resurgence in major M&A activities.