Citrix Provides Update on Pending Acquisition by Affiliates of Vista Equity Partners and Evergreen Coast Capital
Summary
The parties are awaiting receipt of the final regulatory approvals required to complete the transaction, which is currently expected to close in the third quarter of 2022. Vista and Evergreen also announced today that, upon closing of the transaction, Tom Krause will assume the role of CEO of the combined company. Bob Calderoni will continue to serve as Citrix Interim CEO and President until the completion of the transaction. With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments. Forward-looking statements are based on current plans and expectations and involve risks and uncertainties which are, in many instances, beyond Citrix’s control, and which could cause actual results to differ materially from those included in or contemplated or implied by the forward-looking statements.