AUSTIN, Texas & MENLO PARK, Calif.--(BUSINESS WIRE)--Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and Evergreen Coast Capital Corp. (“Evergreen”), an affiliate of Elliott Investment Management L.P. (together with its affiliates, collectively, “Elliott”), today announced the successful completion of their previously announced transaction to acquire Citrix Systems, Inc. (NASDAQ: CTXS) (“Citrix
Citrix Systems Inc. (NASDAQ:CTXS) price remained unchanged on Tuesday, September 27, from its previous close A look at the daily price movement shows that the last close reads $103.80, with intraday deals fluctuated between $103.77 and $103.905. The company’s 5Y monthly beta was ticking 0.08 while its P/E ratio in the trailing 12-month period read … Citrix Systems Inc. (NASDAQ: CTXS) Stock: Bulls Need To See This Read More »
Henshall Provides Operating Experience, Having Led Citrix Systems Through Multiple Phases of Growth as CEO, CFO, and COO Henshall Provides Operating Experience, Having Led Citrix Systems Through Multiple Phases of Growth as CEO, CFO, and COO
Shares of PG&E Corp. jumped 4.2% in premarket trading Monday, after the California-based utility was added to the S&P 500 index , a little more than two years after emerging from bankruptcy. Late Friday, S&P Dow Jones Indices said PG&E would replace Citrix Systems Inc. in the benchmark index, as Citrix is being acquired by Vista Equity Partners in a deal expected to be completed on Sept. 30. PG&E had filed for bankruptcy in early 2019 amid billions in claims from wildfires in California, then emerged from bankruptcy in July 2020. In June 2022, the company pleaded not guilty to manslaughter charges in a 2022 California wildfire. The stock has gained 3.9% year to date through Friday, while the SPDR Utilities Select Sector ETF has ticked up 0.3% and the S&P 500 has dropped 22.5%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
PG&E (PCG) jumped 5.1% postmarket, and EQT (EQT) rose 0.6%, rose 0.6% as each stock is set to be added to the S&P 500.PG&E will take the place of Citrix Systems (CTXS), set to be…
PG&E Corp. (NYSE: PCG) will replace Citrix Systems Inc. (NASD: CTXS) in the S&P 500 effective prior to the opening of trading on Monday, October 3
Citrix Systems (CTXS) sale to Elliott Investment Management and Vista Equity is scheduled to close on Sept
Elliott Investment Management is said to have purchased about $1 billion of the junk-bond deal supporting its planned buyout of software company Citrix Systems (CTXS).Apollo Global…
Major players in the mobile learning market are Upside Learning Solutions Pvt Ltd, Dell Inc, AT&T Inc, Cisco Systems Inc, IBM Corporation, SAP SE, Skillsoft Corporation, Citrix Systems Inc, Promethean World Ltd, City & Guilds Kineo, Adobe Inc, Microsoft Corporation, Epic Learning Group, Allen Interactions Inc, GLAD Solutions, LAS (LearningAge Solutions Ltd), and Oxagile. Major players in the mobile learning market are Upside Learning Solutions Pvt Ltd, Dell Inc, AT&T Inc, Cisco Systems Inc, IBM Corporation, SAP SE, Skillsoft Corporation, Citrix Systems Inc, Promethean World Ltd, City & Guilds Kineo, Adobe Inc, Microsoft Corporation, Epic Learning Group, Allen Interactions Inc, GLAD Solutions, LAS (LearningAge Solutions Ltd), and Oxagile.
Citrix Systems (CTXS) ticked up 0.8% after the company disclosed that all regulatory approvals for its takeover have been received and that it expects the deal to close during the last…
A group of banks are said to have started a $4.5 billion loan sale for the takeover of Citrix Systems (CTXS)
Healthcare today is a different game. And Hackensack Meridian Health (HMH) is changing it. Using digital workspace solutions from Citrix Systems, Inc. (NASDAQ: CTXS), the largest integrated delivery network and hospital system in New Jersey has built a modern platform from which employees at the 17 hospitals and 500 patient centers it operates across the state can seamlessly deliver the superior
Just like work, education today can happen anywhere. And students want the freedom and flexibility to choose where and how they learn best. Luleå University of Technology (LTU) understands this, and is using solutions from Citrix Systems, Inc. (NASDAQ: CTXS) to tear down the walls of the traditional classroom and deliver a modern experience that empowers its student to learn from anywhere and perform
Bank of America Corp. plans to start fresh talks with investors on Monday to sell parts of a $15 billion debt financing for the buyout of Citrix Systems Inc., a deal that has been difficult for underwriters to offload.
Citrix Systems (CTXS) ticked up 0.5% after a report that Bank of America expects to starts talks Monday on efforts to sell parts of $15 billion in debt financing for a takeover…
National Asset Management Inc. boosted its holdings in shares of Citrix Systems, Inc. (NASDAQ:CTXS – Get Rating) by 3.2% during the first quarter, Holdings Channel reports. The institutional investor owned 3,284 shares of the cloud computing company’s stock after acquiring an additional 102 shares during the quarter. National Asset Management Inc.’s holdings in Citrix Systems […] National Asset Management Inc. Has $332,000 Position in Citrix Systems, Inc. (NASDAQ:CTXS)
In January, U.S. investment management firms Vista Equity Partners and Elliott Investment Management agreed to privatize Citrix Systems (CTXS) through a leveraged buyout (LBO) transaction. However, the current market conditions have delayed the transaction as the cost of debt rises. I am neutral on the stock. The deal is valued at around $16.5 billion, including debt, and shareholders will receive cash of $104 per share. As a result, Citrix stock has shown marginal changes in terms of price action since. Indeed, CTXS has hovered around a range of $100 to $101 per share since the acquisition was announced.
Citrix Systems Earnings Miss, Revenue Beats In Q2
Ulta Beauty, Inc. (NASDAQ:ULTA), Amazon.com, Inc. (NASDAQ:AMZN), and Citrix Systems, Inc.
Citrix Systems (CTXS) received European Commission approval for its planned sale to private equity firms Elliott Management and Vista Equity.The Commission concluded that the…
A Millennium Management trading pod is said to be shutting down after some bets on mergers and acquisitions such as Twitter (TWTR) performed badly. East53 Capital, one of hedge…
Tom Krause, who stepped down Monday as president of Broadcom Inc.’s software group, is expected to be named chief executive officer of the company being formed via the merger of Citrix Systems Inc. and Tibco Software, according to people familiar with the matter.
Best tech stocks to buy in July is our topic today. High growth tech shares continue to struggle amidst high inflation, tightening monetary policy, and a global semiconductor shortage. Technology led the charge as the economy recovered from the Covid-19 pandemic, but the tables seem to have turned in 2022. S&P Global (NYSE: SPGI ) highlights , “As tech, media and telecommunications equities reeled from a steady slide into bear market territory, initial public offering activity in the sector dropped off precipitously from 2021 peaks.” Lofty valuations in tech names coupled with uncertainty over how the interest rate hikes by the Fed may affect the U.S. economy has sent pushed these names into multi-year lows. Investors continue to sour on the embattled industry as the tech-heavy NASDAQ 100 Index has fallen close to 30% year-to-date (YTD), and the Technology Select Sector SPDR Fund (NYSE: XLK ) has dropped around 26%. Meanwhile, the S&P 500 Index has declined around 19% over the same period, highlighting the pressure on the technology sector. 7 Best Large-Cap Stocks to Buy in July 2022 But despite these recent headwinds, many analysts concur technology remains the predominant sector that will lead the rebound once the fears of recession subside.
Citrix Systems Inc. (CTXS)’s stock has witnessed a price declined of -1.25% from the previous close with its current price standing at $97.86. Its current price is -17.52% under its 52-week high of $118.65 and 25.35% more than its 52-week low of $78.07. Based on the past 30-day period, the stock price is -1.84% below … Citrix Systems Inc. (NASDAQ:CTXS) stock: Is this a flash in the pan today? Read More »
New Delhi [India], July 5 (ANI): The Competition Commission of India (CCI) has approved the acquisition of Citrix Systems Inc (Citrix) by funds managed by Vista Equity Partners Management (Vista) and funds and investment vehicles managed by Elliott Investment Management (Elliott), the Ministry of Finance said on Tuesday. “The proposed combination relates to acquisition of […]
Cloud Desktop Market Dynamics 2022-2028, Regional Analysis, Segmentation, Competitive Landscape, COVID-19 Impact, Recent Developments and SWOT Analysis of Key Players like – Microsoft, Google, Amazon, OVH Groupe, Vmware, V2 Cloud, Cloudalize, Kamatera, Shells, dinCloud, Citrix Systems London, UK -- ( SBWIRE ) -- 07/05/2022 -- Global Cloud Desktop Market report covers industry forecasts, global major players/suppliers, and regional market share, as well as company and product introductions, market status and development trends by kinds and applications, pricing and profit status, marketing status, and market growth drivers and challenges. Following that, the study looked at Cloud Desktop market conditions in the world''s major regions, including product price, profit, production, supply, demand, and market growth rate and projection, among other things. The market research study is a comprehensive and expert examination of the world''s key regional market conditions, focusing on the major regions and nations.
As one of the world’s premium brands for casual wear, Marc O’Polo is always thinking ahead and on top of trends. While many companies viewed the shift to remote work as a pandemic-inspired fad, the Stockholm-based fashion label knew better and began designing a digital workspace that would allow its employees to work from anywhere using solutions from Citrix Systems, Inc. (NASDAQ: CTXS).
At the close on the New York Stock Exchange, the Dow Jones rose 2.68%, the S&P 500 index rose 3.06%, the NASDAQ Composite index rose 3.34%. Salesforce.com Inc was the top performer among the components of the Dow Jones index today, up 12.87 points or 7.44% to close at 185.92. Quotes of Goldman Sachs Group Inc rose by 16.58 points (5.79%), ending trading at 302.75. Boeing Co rose 7.56 points or 5.64% to close at 141.53. The losers were shares of Verizon Communications Inc, which shed 1.13 points or 2.17% to end the session at 50.96. UnitedHealth Group Incorporated rose 4.17 points (0.83%) to close at 495.64, while Walmart Inc rose 0.10 points (0.08%) to close at 123. 72. Leading gainers among the S&P 500 index components in today''s trading were Royal Caribbean Cruises Ltd, which rose 15.77% to 41.76, Norwegian Cruise Line Holdings Ltd, which gained 15.36% to close at 13. 22, as well as Penn National Gaming Inc, which rose 12.66% to close the session at 32.12. The biggest losers were Verizon Communications Inc, which shed 2.17% to close at 50.96.
Citrix Systems (CTXS), which agreed to be sold to PE firms for $16.5 billion in late January, fell 2.3% amid the announcement of Zendesk''s (ZEN) deal to sell itself to a PE consortium at…
Citrix Systems (CTXS) rose 2.6% on a report that financing and regulatory approvals are moving forward in the company''s planned sale to Vista Equity and Elliott''s Evergreen Coast…
Citrix Systems (CTXS) rose 3% in premarket trading after it filed with the European Commission for its proposed $16.5 billion sale to Elliott Management and Vista Equity.The…
Work used to be a place people went. Today, it happens everywhere. The London councils of Royal Borough of Kingston upon Thames and London Borough of Sutton understand this, and are leveraging virtual desktops from Citrix Systems, Inc. (NASDAQ: CTXS) to create a simple experience that empowers employees to perform at their best and deliver for the more than 400,000 constituents they serve. “We
McAfee, Citrix Systems, Twitter and other companies have announced plans to go private
These are great stocks to sell ahead of the Federal Reserve’s aggressive monetary tightening policy. Globalstar ( GSAT ): High debt, a profitless business and elevated metrics make this global satellite firm a sell in a rising interest rate environment. Wynn Resorts ( WYNN ): The debt burden of the casino operator and lifting interest rates will make debt refinancing pricier, pressuring its stock. Bed & Bath and Beyond ( BBBY ): With net loss expected to accelerate this year, the dip of this overly leveraged retailer is unlikely to stop with the Fed’s monetary tightening. Citrix Systems ( CTXS ): Flattening revenues and deteriorating profitability are bearish catalysts for this highly valued tech specialist. GoDaddy ( GDDY ): Elevated debt and valuation multiples puts pressure on the tech stock. Apollo Commercial Real Estate ( ARI ): Lifting interest rates are expected to squeeze the profitability of this mortgage REIT. Hannon Armstrong Sustainable Infrastructure Capital ( HASI ): Overstretched valuation metrics and rising debt are bearish catalysts for the renewable investment firm.
A comprehensive report on Interactive Education System Market was published by MR Accuracy Reports to understand the complete setup of Interactive Education System Market industries. Effective qualitative and quantitative analysis techniques have been used to examine the data accurately. Variable factors that comprise basis for a successful business, such as vendors, sellers, as well as investors are []
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This report studies the Virtual Events Market with many aspects of the industry such as market size, market status, market trends and forecast. The report also provides brief information on competitors and opportunities for specific growth with the key market drivers. Find the comprehensive analysis of the Virtual Events market segmented by company, region, type []
This report studies the Mobile Learning Market with many aspects of the industry such as market size, market status, market trends and forecast. The report also provides brief information on competitors and opportunities for specific growth with the key market drivers. Find the comprehensive analysis of the Mobile Learning market segmented by company, region, type []
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Video source: YouTube, CNBC Television Zoom Video Communications Inc (Nasdaq: ZM ) announced Sunday it has agreed to acquire Five9 Inc (Nasdaq: FIVN), a cloud-based contact center service provider, in an all-stock transaction valuing the company at $14.7 billion. Under the terms of the agreement, Five9 shareholders will receive 0.5533 shares of Zooms Class A common stock for each Five9 share. This represents a transaction value of $200.18 per share of Five9 stock based on the closing price of Zooms common stock on Friday, July 16. After the transactions expected close during the first half of 2022, Five9 will become an operating unit of Zoom. Trollope will continue as Five9s chief executive officer and become a president at Zoom, reporting to chief executive officer Eric Yuan. Zoom, whose online conferencing services took off during the COVID-19 pandemic while people worked and attended school from home, has been looking to expand into an adjacent market that could bolster revenue as lockdowns end.
The COVID-19 Outbreak-Global Wan Optimization Market study describes how the technology industry is evolving and how major and emerging players in the industry are responding to long term opportunities and short-term challenges they face. One major attraction about COVID-19 Outbreak- Wan Optimization Industry is its growth rate. Many major technology players including Silver Peak []
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Summary List Placement Volatile meme stocks and cryptocurrencies have captured headlines over the past year, but the stock market as a whole has remained relatively subdued. The CBOE Volatility Index (VIX), a popular measure of market volatility, has mostly traded under 20 since May. For comparison, the index hit a high of 37.21 in January and has seen a historical average of 22. Threats of inflation, geopolitical tensions, big-tech crackdowns, and more haven''t managed to move the needle in terms of volatility this year. At the same time, the S&P 500 has outperformed, returning some 16% year-to-date as the economic reopening helps equities continue their rise. In a recent note to clients, Goldman Sachs'' chief US equity strategist David J. Kostin wrote that this mix of strong returns and low volatility has pushed the S&P 500''s Sharpe ratio to 2.72. The Sharpe ratio was created in 1966 by Nobel laureate William F. Sharpe as a measure of the excess return investors receive in exchange for the volatility of holding riskier assets.
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Global Server Virtualization Software Industry: with growing significant CAGR during 2021-2026 New Research Report on Server Virtualization Software Market which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production), and Consumption Analysis Understand the influence of COVID-19 on the Server Virtualization Software Market with our analysts monitoring the situation across the globe. Request []
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