Close
ABOUT US | SERVICES | SUBSCRIPTIONS | LOGIN | SIGNUP
SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community
MARKETS » WEARABLE TECH HTML5 WebRTC
HOT TOPICS » VIDEO MANAGED SERVICES MOBILE MARKET CALL RECORDING

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

SUBMIT
Financial investors to exit investment in Zenprise
[December 06, 2012]

Financial investors to exit investment in Zenprise

Dec 06, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- Zenprise, Inc., a provider enterprise mobile management and mobile device management software, has agreed to be acquired by Citrix Systems, Inc., a designer, developer and marketer of information technology solutions. Both the companies are based in the US.

Zenprise has been backed by funding from Greylock Partners, Bay Partners, Ignition Partners, Mayfield Fund, Rembrandt Venture Partners and Shasta Ventures.

The transaction is anticipated to close during the first quarter of 2013.


Deal Type Venture Finance Sub-Category Exit Deal Status Announced: 2012-12-05 Deal Participants Target (Company) Zenprise, Inc.

Acquirer (Company) Citrix Systems, Inc.

Deal Rationale The transaction allows Citrix to integrate the Zenprise solution for mobile device management with its Citrix CloudGateway(TM) and Me@Work(TM) solutions for managing mobile apps and data. This combination will give Citrix the first solution in the industry for managing mobile devices, apps and data from a single, integrated enterprise mobility product line.

[ Back To TMCnet.com's Homepage ]


Upcoming Events



LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

IMPORTANT

SUBSCRIPTIONS


Subscribe to our FREE eNewsletters
CLICK HERE

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.