M&A Deal Summary

Citrix Acquires Apere

On August 17, 2012, Citrix acquired communications company Apere

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

M&A Deal Summary
Date 2012-08-17
Target Apere
Sector Communications
Buyer(s) Citrix
Deal Type Add-on Acquisition

Target

Apere

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

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Buyer(S) 1

Buyer

Citrix

Fort Lauderdale, Florida, United States

website

Category Company
Founded 1989
Sector Software
Revenue 3.2B USD (2020)
DESCRIPTION
Citrix System's corporate headquarters in Fort Lauderdale, Florida.
Citrix System's corporate headquarters in Fort Lauderdale, Florida.

Citrix 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 was established in 1989 and is based in Ft. Lauderdale, Florida.

DEAL STATS #
Overall 23 of 40
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 23 of 38
State (California) 12 of 19
Country (United States) 20 of 33
Year (2012) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-07 Bytemobile

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 -
Mergr

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Company

Legal