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M&A Deal Summary

Accelerite Acquires Citrix Systems - CloudPlatform

On January 11, 2016, Accelerite acquired internet software and services company Citrix Systems - CloudPlatform from Citrix

Acquisition Highlights
  • This is Accelerite’s 2nd transaction in the Internet Software and Services sector.
  • This is Accelerite’s 2nd transaction in the United States.

M&A Deal Summary
Date 2016-01-11
Target Citrix Systems - CloudPlatform
Sector Internet Software and Services
Buyer(s) Accelerite
Sellers(s) Citrix
Deal Type Divestiture

Target

Citrix Systems - CloudPlatform

United States
Citrix CloudPlatform (powered by Apache CloudStack) is a cloud computing software for creating, managing, and deploying public and private cloud infrastructure services.

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Buyer(S) 1

Buyer

Accelerite

Bellevue, Washington, United States
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Accelerite is a provider of endpoint management, mobility, and cloud solutions to some of largest enterprises in the world.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-16 Convirture

San Mateo, California, United States

Convirture, Inc. is a unified management provider for virtualization and cloud environments.

Buy -

Seller(S) 1

SELLER

Citrix

Fort Lauderdale, Florida, United States
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 1 of 3
Sector: Internet Software and Services M&A 1 of 3
Type: Divestiture M&A Deals 1 of 2
Country: United States M&A 1 of 3
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-11 ComTrade - SCOM Management Packs IP

United States

ComTrade - SCOM Management Packs IP is a provider of comprehensive, end-to-end monitoring, delivering single pane of glass visibility into the entire Citrix desktop virtualization.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-26 Citrix Systems - GoTo Business

Fort Lauderdale, Florida, United States

Citrix's GoTo family of products delivers collaborative communication solutions for small and medium sized businesses and has strong global brand recognition. Products include GoToAssist, GoToMeeting, GoToMyPC, GoToTraining, GoToWebinar, Grasshopper and OpenVoice.

Sell $1.8B
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