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A sign on the campus offices of chipmaker Broadcom is shown in Irvine, California.

Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private-equity firm KKR, people familiar with the matter said on Saturday.

The potential deal represents an effort by Broadcom CEO Hock Tan to streamline the company's portfolio after completing its $69 billion takeover of software maker VMware in November.

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