M&A Deal Summary

Citrix Systems Acquires Apere

On August 17, 2012, Citrix Systems, Inc. acquired communications company Apere, Inc.

Acquisition Highlights
  • This is Citrix Systems’ 2nd transaction in the Communications sector.
  • This is Citrix Systems’ 20th transaction in the United States.
  • This is Citrix Systems’ 12th transaction in California.

M&A Deal Summary

Date 2012-08-17
Target Apere, Inc.
Sector Communications
Buyer(s) Citrix Systems, Inc.
Deal Type Add-on Acquisition

Target

Apere, Inc.

San Jose, California, United States
Apere, Inc. provides network security solutions.

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Buyer(S) 1

Buyer

Citrix Systems, Inc.

Fort Lauderdale, Florida, United States

website


Category Company
Founded 1989
SectorSoftware
Employees8,200
Revenue 3.0B USD (2019)
DESCRIPTION
Citrix Systems, Inc.
Citrix's corporate headquarters in Fort Lauderdale, Florida.

Citrix Systems develops and sells products and services that enable the secure and reliable delivery of applications and data over public, private or hybrid clouds or networks, to virtually any type of device. The Company markets and licenses its products directly to customers, over the Web, and through systems integrators, or SIs, in addition to indirectly through value-added resellers, or VARs, value-added distributors, or VADs, original equipment manufacturers, or OEMs and service providers. Citrix Systems was established in 1989 and is headquartered in Ft. Lauderdale, Florida.


DEAL STATS #
Overall 23 of 39
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 23 of 37
State (California) 12 of 18
Country (United States) 20 of 32
Year (2012) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-07 Bytemobile, Inc.

Mountain View, California, United States

Bytemobile is a provider of carrier class mobile data optimization solutions. Bytemobile® has approximately 300 employees, including product, sales and services teams around the world. In addition to optimizing mobile data and video traffic, Bytemobile solutions enable mobile operators to differentiate data service plans based on a wide variety of factors, including quality of experience and subscriber usage. With a presence in the networks of more than 130 operators in 60 countries worldwide, Bytemobile customers serve more than 2 billion subscribers and process more than 20 petabytes of mobile data traffic through their networks daily.

Buy $435M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-10 Beetil

Wellington, New Zealand

Beetil provides a complete support desk management solution in one, integrated easy-to-use tool. The Beetil product is based on industry-recognized best practices for IT service management (ITIL) that provide a framework for managing IT services, enabling users to seamlessly add structure to their service management process without complexity and cost.

Buy -