Citrix Systems in Orbital purchase

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By  Published  September 8, 2006

Citrix Systems has acquired Orbital Data Corporation, a leading provider of solutions that optimise the delivery of applications to branch office users over wide area networks (WANs),for a cash consideration to shareholders of US$50million. Citrix also gained 0.3 million uninvested stock-based instruments.

“With this acquisition, Citrix enters the fast-growing WAN optimisation market accelerating application delivery for branch offices worldwide thereby extending our best access experience value,” said BV Jagadeesh, group vice president and general manager for Application Networking Group, Citrix.

There will be some cross-transfer of staff with development and marketing teams from Orbital joining Citrix while Orbital’s sales teams will report to Citrix sales and channel development teams.

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