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Citrix agrees to $16.5bn private equity buyout

Vista Equity Partners and Elliott Investment Management will combine Citrix with TIBCO to create ‘one of the world’s largest software providers’

01 February 2022 • 2 min read

Citrix agrees to $16.5bn private equity buyout

Citrix has been acquired by Vista Equity Partners and Elliott Investment Management affiliate Evergreen Coast Capital for a sum of $16.5bn, the company has announced. It confirms long-running sp...

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Vendor

Citrix and Tibco staff the latest to be hit by 'brutal' mass job cuts - sources

‘It’s a sad day for a company that pioneered the VDI (virtual desktop infrastructure) market. It’s a terrible day, with a lot of good Citrix employees with families and kids leaving the company,’ one source tells CRN

11 January 2023 • 5 min read