M&A Deal Summary

Citrix Acquires RingCube Technologies

On August 10, 2011, Citrix acquired software company RingCube Technologies

Acquisition Highlights
  • This is Citrix’s 11th transaction in the Software sector.
  • This is Citrix’s 16th transaction in the United States.
  • This is Citrix’s 1st transaction in Arkansas.

M&A Deal Summary
Date 2011-08-10
Target RingCube Technologies
Sector Software
Buyer(s) Citrix
Deal Type Add-on Acquisition

Target

RingCube Technologies

Mountain View, Arkansas, United States
RingCube Technologies, Inc. ,innovative technology accelerates virtual desktop adoption by eliminating the tradeoff between user personalization and centralized IT management.

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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 17 of 40
Sector (Software) 11 of 21
Type (Add-on Acquisition) 17 of 38
State (Arkansas) 1 of 1
Country (United States) 16 of 33
Year (2011) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-12 Cloud.com

Cupertino, California, United States

Cloud.com, Inc.,an open source cloud platform player with considerable traction on the side of Telcos, Service providers and even enterprises.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-13 ShareFile

Raleigh, North Carolina, United States

ShareFile is a cloud storage, file sharing and collaboration solutions provider. ShareFile was formed in 2005 and is based in Raleigh, North Carolina.

Buy -
Mergr

Product

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