The private equity firms intend to combine Citrix and Vista’s TIBCO Software to create one of the world’s largest software providers serving 400,000 customers.
Founder and Editor, The Tech Capital
4 Mins
February 01, 2022 | 1:05 AM GMT
Bob Calderoni, Chair of the Citrix Board of Directors and Interim Chief Executive Officer and President. Source: Citrix
Citrix Systems, Inc. (NASDAQ: CTXS) has entered into an all-stock definitive agreement under which global investment firm Vista Equity Partners and Evergreen Coast Capital Corporation, an affiliate of Elliott Investment Management L.P., will acquire Citrix in an all-cash transaction valued at US$16.5 billion, including the assumption of debt.
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