Tag Archives: acquisition

Is a Privatized Citrix in the Cards?

DesktopVirtualization

Elliott Management has a plan for Citrix. Shake out sales and marketing, sell GoTo and NetScaler, dump the dead wood, and shut down all blue-sky research. There has been no response yet from Citrix beyond a brief note to say “we’ll get back to you on that,” but you can bet that CEO Mark Templeton will not look favorably on the proposal. Regardless of how Templeton feels, with Elliott in play, Citrix has to make changes. What, then, are the choices that Citrix can make?

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Citrix’s Future under Threat from Elliott Management

DesktopVirtualizationActivist hedge fund Elliott Management is shaking things up at Citrix Systems after disclosing a 7.1% stake in the company and offering a plan to create a leaner, meaner Citrix, citing the need for change following “years of layered complexity and expenses.”

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