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Two Private Equity Firms to Acquire Citrix for $16.5 Billion

Photo: Justin Sullivan
Photo: Justin Sullivan (Getty Images)

Citrix, a cloud computing company, announced it was going home with two paramours, instead of just one. In January, the company said affiliates of PE firms Vista Equity and Evergreen Coast Capital were acquiring the company. The company wants to go private, and it also merges it with the business intelligence software company TIBCO, according to TechCrunch.