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Cloud Computing and Virtualization Company Citrix To Be Acquired for $16.5B
Citrix, a cloud computing and virtualization company used by companies including Microsoft, Google, and SAP, has revealed plans to be acquired by affiliates of global investment firm Vista Equity Partners, and an affiliate of Elliott Investment Management called Evergreen Coast Capital Corporation. From a report: The all-cash deal i ... ⌘ Read more
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Its weird to see a tech company be bought by an investment company. Like what is the motivation other than to milk it for investor profit?