Citrix completes acquisition of XenSource
ConvergenceAsia staff
24/10/2007

At Citrix iForum, the industry’s largest application delivery conference and expo, Citrix Systems announced it has completed the acquisition of XenSource, a privately held leader in enterprise-grade virtual infrastructure solutions. The purchase price for the transaction was approximately US$500 million payable in a combination of cash and Citrix common stock.

This acquisition moves Citrix into adjacent server and desktop virtualisation markets which is expected by Citrix to grow to nearly $5 billion over the next four years. By acquiring XenSource, Citrix is now the only company to offer organisations an end-to-end application delivery infrastructure that leverages the method of application, desktop and server virtualisation best suited for the dynamic delivery of applications to any user.

The XenSource team and products will form the core of the new Virtualisation and Management Division of Citrix as previously announced upon close of the acquisition.

Citrix also reiterated its commitment to maintaining and growing support for the independent Xen open source community which develops the underlying virtualisation engine used by many commercial products throughout the industry, including those from XenSource.

advertisement