#1: Citrix’s Bob Calderoni
It’s not surprising that our most-read story of the week was about an acquisition. And not just any. It’s a $16.5 billion buy! Tibco portfolio company Vista Equity Partners has acquired Citrix in what some consider a game-changing acquisition.
Citrix board chairman and interim CEO Bob Calderoni added that combining the two companies’ platforms will help achieve improved hybrid work solutions.
“Together with Tibco, we will be able to operate with greater scale and provide a larger customer base with a broader range of solutions to accelerate their digital transformations and enable them to deliver the future of hybrid work,” Calderoni said.
Bringing the companies together will let Citrix combine Tibco’s “connected intelligence” technology with its digital workspace platform. The combined company create a software giant with 400,000 customers, including 98% of the Fortune 500, according to Citrix.
Jeffrey Schwartz’s story can be found here.
