KKR Acquires Omnissa from Broadcom
July 1, 2024
Global investment firm KKR completed the previously announced acquisition of Omnissa from Broadcom for approximately $4 billion, enabling Omnissa to operate as an independent software company. Omnissa — headquartered in Palo Alto with roughly $1.5 billion ARR, 26,000 customers and 4,000 employees — will receive growth investment from KKR to expand its AI, API and product capabilities for the digital workspace market.
- Buyers
- KKR
- Targets
- Omnissa
- Sellers
- Broadcom Inc.
- Industry
- Software
- Location
- California, United States
- Transaction Type
- Buyout
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