M&A Deal Summary

Citrix Acquires Beetil

On September 10, 2012, Citrix acquired internet software and services company Beetil

Acquisition Highlights
  • This is Citrix’s 6th transaction in the Internet Software and Services sector.
  • This is Citrix’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2012-09-10
Target Beetil
Sector Internet Software and Services
Buyer(s) Citrix
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

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 24 of 42
Sector: Internet Software and Services M&A 6 of 12
Type: Add-on Acquisition M&A Deals 24 of 40
Country: New Zealand M&A 1 of 1
Year: 2012 M&A 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-17 Apere

San Jose, California, United States

Apere, Inc. provides network security solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-05 Zenprise

Redwood City, California, United States

Zenprise provides service-management software that delivers real-time, automated diagnosis and resolution of problems across the Microsoft Exchange environment. Founded in 2003, Zenprise is headquartered in Fremont, California and is privately held with funding from investors Bay Partners, Mayfield, and Shasta Ventures. Zenprise's executive and product teams bring enterprise software experience from companies such as Mercury, EDS, Zambeel, Bay Networks, and Loudcloud.

Buy -