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M&A Deal Summary

Citrix Acquires Solid Instance

On November 10, 2014, Citrix acquired software company Solid Instance from Sparxent

Acquisition Highlights
  • This is Citrix’s 17th transaction in the Software sector.
  • This is Citrix’s 25th transaction in the United States.
  • This is Citrix’s 1st transaction in Utah.

M&A Deal Summary
Date 2014-11-10
Target Solid Instance
Sector Software
Buyer(s) Citrix
Sellers(s) Sparxent
Deal Type Divestiture

Target

Solid Instance

Provo, Utah, United States
Solid Instance, Inc. is a provider of hosted virtual desktops and Desktop-as-a-Service solutions to independent software vendors.

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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 31 of 42
Sector: Software M&A 17 of 23
Type: Divestiture M&A Deals 1 of 2
State: Utah M&A 1 of 1
Country: United States M&A 25 of 33
Year: 2014 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-20 RightSignature

Santa Barbara, California, United States

RightSignature LLC is a cloud based electronic signature company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-02 Octoblu

Palo Alto, California, United States

Octoblu, Inc. is a pioneer in real-time connections and communications management across systems, people and physical devices. Octoblu easily connect devices, people and systems to a powerful coordination and communications platform. Using Octoblu products, customers are offered numerous methods of connecting people, devices, applications and public and private clouds.

Buy -

Seller(S) 1

SELLER

Sparxent

Aliso Viejo, California, United States
Category Company
Sector Software
DESCRIPTION

Sparxent, Inc. is a provider of software services.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Utah M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-27 Solid Instance

Provo, Utah, United States

Solid Instance, Inc. is a provider of hosted virtual desktops and Desktop-as-a-Service solutions to independent software vendors.

Buy -
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