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Citrix Systems, inc (CTXS) Q2 2021 Earnings Call Transcript

Citrix Systems, inc (CTXS) Q2 2021 Earnings Call Transcript
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Citrix Systems Inc (CTXS) Q4 2020 Earnings Call Transcript

Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Citrix Systems Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] Please be advised that today s conference is being recorded. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Ms. Traci Tsuchiguchi. Thank you, and please go ahead, ma am.
Traci Tsuchiguchi
Vice President, Investor Relations
Great. Thanks, Katherine. Good morning, and thank you for joining us for today s fourth quarter and fiscal year 2020 earnings call. Participating on the call will be David Henshall, President and Chief Executive Officer; Arlen Shenkman, Executive Vice President and Chief Financial Officer; and Andrew Filev, Founder and CEO of Wrike. Please note that we have posted our fourth quarter earnings letter to our Investor Relations website. ....

David Henshall , Raimo Lenschow , Phil Winslow , Andrew Filev , Traci Tsuchiguchi , Davidj Henshall , Arlen Shenkman , Raimo Lenschow Barclays , Citrix Systems Inc , Wells Fargo , Citrix Systems Fourth Quarter , Chief Executive Officer , Executive Vice President , Chief Financial Officer , Investor Relations , Chief Executive , Citrix Cloud , Fargo Securities , பில் வின்ஸ்லோ , அர்லேன் ஷெங்க்மன் , சிட்ரிக்ஸ் அமைப்புகள் இன்க் , கிணறுகள் ஃபார்கோ , சிட்ரிக்ஸ் அமைப்புகள் நான்காவது காலாண்டு , தலைமை நிர்வாகி அதிகாரி , நிர்வாகி துணை ப்ரெஸிடெஂட் , தலைமை நிதி அதிகாரி ,

Citrix to buy collaboration developer Wrike

Citrix Systems struck a definitive agreement Tuesday to acquire Wrike, a developer of work management and collaborative workspace software, for US$2.25 billion.
Citrix said the acquisition will expand its portfolio of unified digital workspace technology that already includes application and desktop virtualization tools, content collaboration software and other products.
Citrix entered into a definitive agreement to buy Wrike for US$2.25 billion in cash from Vista Equity Partners, which acquired the company in 2018.
The transaction has been unanimously approved by each companies’ board of directors and the acquisition is expected to close in the first half of 2021, subject to regulatory approvals and other customary closing conditions. ....

Andrew Filev , Arlen Shenkman , Wrike Partner Program , Citrix Partner Network , Citrix Systems , Jpmorgan Chase Bank , Vista Equity Partners , Chase Bank , San Jose , Worldwide Work Management , Portfolio Management , Worldwide Cloud Project , அர்லேன் ஷெங்க்மன் , சிட்ரிக்ஸ் கூட்டாளர் வலைப்பின்னல் , சிட்ரிக்ஸ் அமைப்புகள் , ஜுப்ம்ொர்கண் துரத்து வங்கி , விஸ்டா பங்கு கூட்டாளர்கள் , துரத்து வங்கி , சான் ஜோசே , உலகளவில் வேலை மேலாண்மை , போர்ட்‌ஃபோலீயோ மேலாண்மை , உலகளவில் மேகம் ப்ராஜெக்ட் ,

Wrike acquired by Citrix for $2.25bn

Wrike, the project management platform with European headquarters in Dublin, will operate independently until the close of the deal. ....

United States , Andrew Filev , Arlen Shenkman , David Henshall , Vista Equity Partners , San Jose , Citrix Workspace , ஒன்றுபட்டது மாநிலங்களில் , அர்லேன் ஷெங்க்மன் , விஸ்டா பங்கு கூட்டாளர்கள் , சான் ஜோசே , சிட்ரிக்ஸ் பணியிடம் ,

Citrix must Wrike what it sees because it's buying project management outfit for $2.25bn

No longer a corpo behemoth holdout
Matthew Hughes
Tue 19 Jan 2021 // 17:45 UTC
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Citrix has confirmed plans to buy Wrike, a project management and team-based collaboration tool, for $2.25bn.
The all-cash deal is expected to close later this year, and has received unanimous sign-off from directors in both camps.
Founded in 2006, Wrike is a relative veteran of SaaS-based project management. It includes cloud-based content creation tools, like those from Hubspot, while other features focus on keeping projects on track, similar to what you d expect from Trello or Zenkit.
Unlike many of its competitors, Wrike hasn t yet been absorbed into a larger corporate behemoth (as was the case with Trello, bought by Atlassian in 2017), nor has it gone public, as Hubspot did back in 2014. It remains privately held, albeit with enterprise IT investment firm Vista Equity Partners holding the majority of shares. Previous investors inclu ....

Andrew Filev , Arlen Shenkman , Vista Equity Partners , Bain Capital Ventures , Scale Venture Partners , Citrix Content Collaboration , அர்லேன் ஷெங்க்மன் , விஸ்டா பங்கு கூட்டாளர்கள் , பைன் மூலதனம் முயற்சிகள் , அளவு துணிகர கூட்டாளர்கள் , சிட்ரிக்ஸ் உள்ளடக்கம் இணைந்து ,