Citrix, Potential Sale Process?

Last days it has been a lot of news around Citrix and the Working with Goldman Sachs on Potential Sale Process. This has given Citrix Stock all-time high with more than 30 percent in the 12 months’ period. Citrix is on 82,02 USD pr. shares, valuing the company at about $13.1 billion. (Checked Wednesday morning CET)


Q42016 report from January show a revenue growth of 4 percent to $ 908 million dollar. What’s interesting to see is that Cloud (SaaS) revenue totalled $ 210 million in the same quarter. This show how fast Cloud is growing and why you need to follow the modern IT.

Will Microsoft go for an acquisition of Citrix?? Time Will show 🙂

 

Bloomberg article – (English)

Digi article – (Norwegian)

 

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