Citrix expands cloud and on-premises capabilities to support hybrid customers

Citrix, a business unit of Cloud Software Group, today announced expanded capabilities for its cloud and on-premises solutions for the hybrid world. As part of this expansion, Desktop-as-a-Service (DaaS) and virtual desktop infrastructure (VDI) offerings are now combined in a Citrix Universal subscription.

These offerings include a recent Citrix release — Citrix Virtual Apps and Desktops 7 2305 — which comes on the heels of new features the organisation made available this...

Citrix to privatise and merge with Tibco following £12.1bn acquisition

Merger Deal

US cloud services provider Citrix has been acquired for $16.5 billion (£12.1bn) and will be privatised and merged with data analysis software developer Tibco Software.

The buyout comes from Elliot Investment Management and Vista Equity Partners, the latter of which has owned Tibco since 2014.

Following weeks of reports of negotiations, the acquisition deal has been approved by Citrix’s board of directors and is expected to close by mid-2022.