Citrix Systems to Acquire Wrike in a USD 2.25 billion all cash deal
New Delhi, Jan. 20 -- Citrix Systems today announced that it has entered into a definitive agreement to acquire Wrike. The latter is a rapidly growing, recognized leader in the SaaS collaborative work management space. The companies will close the deal for $2.25 billion in cash. The combination will bring together Citrix's powerful digital work platform and Wrike's innovative work management solution. The former securely delivers the resources an employee needs to be productive in one unified experience; the latter streamlines collaboration and work execution, providing employees with additional tools to work efficiently and securely wherever they may be.
Thus, the addition of Wrike's cloud-delivered capabilities will accelerate Citrix's...
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