Tag: KKR

KKR in £3 billion bid for VMware’s EUC arm

Private equity giant KKR is set to snap up VMware’s end-user computing (EUC) division for a whopping £3 billion.

The EUC unit, worth around £790 million, is being sold off by Broadcom after it splashed out £54.5 billion on VMware last year.

KKR already owns Alludo, a software firm that includes Parallels, VMware’s EUC products rival.

The feeling in the Channel is that if KKR is successful, it could be suitable for the industry. KKR would be a good guardian of the technology and the business. This could create a new EUC powerhouse that would benefit the VDI industry.

The deal starkly contrasts Vista Equity Partners’ £13 billion takeover of VDI software maker Citrix in 2022. KKR would be getting a good deal for a £790 million business with a competitive range of technology for delivering virtualised desktops and applications and managing a wide variety of devices.

 

KKR snaps up Barracuda

Private equity powerhouse KKR is acquiring email security provider Barracuda Networks from another private equity outfit, Thoma Bravo.

Barracudafocuses on serving small- and medium-sized enterprises with a broad suite of cybersecurity offerings, including email protection, application security, network security and data protection. It also has a partner program for MSPs. Barracuda, founded in 2003, has about 200,000 customers worldwide, according to a company press release.