End-User Computing Division of Broadcom embraces its future as a standalone business

Today marks the start of an exciting new chapter for the End-User Computing (EUC) Division of Broadcom and, ultimately, for our customers and partners.

Global investment firm KKR announced that it has entered into a definitive agreement to acquire the EUC Division from Broadcom. Through this pending transaction, the EUC Division will become a standalone company with a strong investment partner that shares our commitment to deliver best-in-class solutions and customer experiences for today’s modern, digital workspace.

KKR is an ideal new strategic partner with the experience and resources to help us achieve our potential as a standalone business. They are one of the most active investors focused on building leading global technology enterprises. Most importantly, KKR believes in the unique value that our technology delivers to our large and loyal customer base, and they are eager to invest in our mission to become an even more innovative and customer-centric organization.

After the transaction closes, which is expected to occur later this year subject to customary closing conditions and regulatory approvals, the EUC Division will continue to be led by its existing management team. We will build on our strong foundation and accelerate the growth of our business with an exclusive focus on the EUC vision, our product strategy, and our go-to-market relationships with customers and partners.

In the meantime, it is business as usual for the EUC Division, and we continue to prepare for the acquisition with a focus on customer and partner continuity.

• We remain committed to our comprehensive digital workspace platform that includes Workspace ONE and Horizon, and the autonomous workspace vision powered by data and intelligence, which we announced at VMware Explore.
• We are steadfast in our purpose: to deliver solutions that empower employees to do their best work through smart, seamless, and secure experiences.
• We continue to bolster dedicated sales, services, and support functions to maintain high levels of service.

This news happens to coincide with reaching my 10-year anniversary with the EUC Division, and as I reflect, I can say there’s never been a better time to take what we’ve built and give it the dedicated focus it deserves. With continued and enhanced investments in our business, technology, and global ecosystem, we are confident that the pending acquisition will be a powerful benefit for our customers and partners. I’m excited about what comes next.