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New Deal


Announced

KKR to acquire the end-user computing division of Broadcom for $4bn.

Financials

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Transaction Value£3,156m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Private Equity

Single Bidder

United States

digital workspace solutions

Private

Pending

Friendly

Software

Majority

Synopsis

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KKR, a global investment firm, agreed to acquire the end-user computing division of Broadcom, an American multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products, for $4bn. "Workspace ONE and Horizon are best-in-class platforms chosen by many of the world’s leading enterprises to create seamless and secure digital workspaces with interoperability across increasingly complicated technology stacks. We see great potential to grow the EUC Division by empowering this talented team and investing in product innovation, delivering excellence for customers and building strategic partnerships," Bradley Brown, KKR Managing Director.

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