“We’ll find good homes for them because there are a lot of very interested parties who are more than happy to take those assets. And we’ll be very, very thoughtful about where we put those assets eventually, simply because the customers of many of these two assets, are also the same customers to the VMware Cloud Foundation,” Tan said.
During the same call, chief financial officer Kirsten Spears indicated that both end-user computing and Carbon Black jointly contribute close to $2 billion in revenue on an annual basis.
KKR, on the other hand, has a huge portfolio of investments in the IT sector.
Last year, in October, the company announced the close of its Next Generation Technology Growth Fund III — an approximately $3 billion fund focused on investing in leading growth technology companies across North America, Europe, and Israel.
The investment firm said it has invested over $21.6 billion in related investments since 2014 and built a dedicated global team of more than 35 investment professionals with deep technology growth equity expertise.
The firm has executed several transactions in its tech growth strategy, including DarkTrace, KnowBe4, 09, Onestream, OutSystems, NetSPI, and Restaurant365.
