Citrix Closes Acquisition of Zenprise
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Citrix announced today that it has closed the acquisition of Zenprise, a leading innovator in mobile device management (MDM). As announced on December 5 2012, Citrix will integrate the Zenprise offering for mobile device management, with its Citrix CloudGateway™ and Me@Work™ solutions for managing mobile apps and data. As a result, IT will now have a comprehensive set of tools that make it easy to manage and secure devices, apps and data, while users will now be able to access any app from any device, giving them the freedom to work and play anywhere. Amit Pandey, former Zenprise president and CEO will lead the new Mobile Platforms product group at Citrix. Citrix will continue to fully support and serve the Zenprise global customer base.
Citrix plans to discuss the financial details of the acquisition during its fourth-quarter 2012 results teleconference.
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Citrix (NAS: CTXS) transforms how businesses and IT work and people collaborate in the cloud era. With market-leading cloud, collaboration, networking and virtualization technologies, Citrix powers mobile workstyles and cloud services, making complex enterprise IT simpler and more accessible for 260,000 organizations. Citrix products touch 75 percent of Internet users each day and it partners with more than 10,000 companies in 100 countries. Annual revenue in 2011 was $2.21 billion. Learn more at www.citrix.com.
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This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, including in revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, including the introduction of new technologies and products by competitors or the entry of new competitors into the markets for Citrix and Zenprise technologies and products, the Company's key strategic relationships, acquisition and related integration risks, including Citrix's ability to retain key employees of Zenprise, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
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