Dec 20, 2006 : Citrix to Acquire Ardence Inc
📅 - Application delivery infrastructure provider Citrix Systems (citrix.com) announced on Tuesday that it has completed an agreement to acquire virtualization and software streaming provider Ardence (ardence.com), enabling the on-demand provisioning of desktops, server images and service oriented architecture objects via Citrix's solutions.
The financial conditions of the deal, expected to close in the first quarter of 2007, were not disclosed. Citrix expects the deal to ad between $15 million and $18 million in revenue to its fiscal year 2007.
The Ardence team and its products will remain based in Waltham, Massachusetts, says Citrix, and will report to the company's management systems group, also based in the Boston area.
Citrix says the addition of Ardence's real-time provisioning technology will give enterprises more options in how they deliver applications and apply enterprise resources in the most efficient way possible.
"We see the market for virtual desktops accelerating due to a host of drivers including planned Vista migrations, desktop and data security concerns, increased TCO focus for task worker desktops, increased offshore software development, and ongoing disaster recovery and business continuity projects," says Lou Shipley, general manager and group vice president of the management systems group for Citrix. "As a leader in on-demand provisioning, Ardence technologies will extend the value of the entire Citrix product line from Presentation Server, to NetScaler and significantly improve our ability to deliver desktops. We are also pleased to continue our commitment and grow our presence in the Boston area with this acquisition."
The financial conditions of the deal, expected to close in the first quarter of 2007, were not disclosed. Citrix expects the deal to ad between $15 million and $18 million in revenue to its fiscal year 2007.
The Ardence team and its products will remain based in Waltham, Massachusetts, says Citrix, and will report to the company's management systems group, also based in the Boston area.
Citrix says the addition of Ardence's real-time provisioning technology will give enterprises more options in how they deliver applications and apply enterprise resources in the most efficient way possible.
"We see the market for virtual desktops accelerating due to a host of drivers including planned Vista migrations, desktop and data security concerns, increased TCO focus for task worker desktops, increased offshore software development, and ongoing disaster recovery and business continuity projects," says Lou Shipley, general manager and group vice president of the management systems group for Citrix. "As a leader in on-demand provisioning, Ardence technologies will extend the value of the entire Citrix product line from Presentation Server, to NetScaler and significantly improve our ability to deliver desktops. We are also pleased to continue our commitment and grow our presence in the Boston area with this acquisition."
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