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Citrix Systems acquires
[July 12, 2011]

Citrix Systems acquires

Jul 12, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- Citrix Systems, Inc., a provider of virtualization, networking and software-as-a-service (SaaS) solutions, has acquired Inc., a provider of software infrastructure platforms for cloud providers. Both the entities are based in the US.

Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2011-07-12 Deal Participants Target (Company), Inc.

Acquirer (Company) Citrix Systems, Inc.

Deal Rationale This acquisition will enable Citrix Systems to strengthen its position in infrastructure for the cloud provider market, and to offer a complete portfolio of virtualization, orchestration and networking solutions purpose built for the Cloud Era solutions.

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