Citrix has been acquired by investment firms Vista and Evergreen. Investors are paying $16.5 billion and want Citrix to merge with software company Tibco. Citrix disappears after taking over the exchange.
The combination of Citrix and Tibco provides a “world leader in the digital workspace and data analytics”, Write down the interested parties. Citrix is a provider of cloud computing, virtualization solutions and TEPCO he business intelligenceA company that manufactures tools for data visualization, analytics, and big data.
The companies say that by merging with Tibco, Citrix can grow even more. The bundled software provider will have 400,000 customers worldwide and more than 100 million users in 100 countries. Possession and collection should also be done Software as a ServiceCitrix transmission acceleration.
Citrix agrees with investors on terms of the acquisition. Investors paid $16.5 billion and transferred about 14.7 billion euros. It includes bearing the burden of debt. Citrix will continue to operate under its current name, but the company name will be crossed off the list. Citrix shareholders and regulatory authorities have not approved the acquisition. However, the companies expect everything to be completed by mid-2022.
Shows his Citrix Quarterly numbers Thus, the annual figures were for the year 2021. The company’s sales amounted to $ 3.2 billion and a net profit of $ 307.5 million.
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