Broadcom has agreed to sell its End-User Computing (EUC) division to investment firm KKR in a deal valued at $4 billion. This move will see the division, which focuses on digital workspace solutions, becoming an independent company following the sale's completion.

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

Zendesk has entered into a definitive agreement to be acquired by an investor group, in an all-cash transaction for $10.2 billion.

Silver Lake is making a new $1 billion investment in Motorola Solutions.

Cloud-based human capital management software provider Ultimate Software has entered into a definitive merger agreement to be acquired by Hellman & Friedman.