Citrix completes acquisition of Wrike for $2.25 billion


Citrix Systems, Inc. has completed its acquisition of Wrike, a provider of SaaS collaborative work management solutions, for approximately $2.25 billion in cash. Through the acquisition, Citrix will deliver their cloud-based work platform.

David Henshall, President and CEO, Citrix. “With the addition of Wrike’s collaborative work management capabilities, which leading companies like Walmart, Fitbit, Siemens Smart Infrastructure, Chosen Foods, and many others rely on to foster more efficient and collaborative work execution, we can take things to the next level and enable people, teams, and organisations to perform at their best.”

By bringing together Wrike and the Citrix Workspace, Citrix will provide a true digital work platform that transforms how work gets done via:

  • Secure delivery of all work resources, including SaaS apps, web apps, mobile apps, virtual desktops, content and business services
  • Native aggregation and integrations for apps, content, data, projects and workflows
  • Built-in low code/no-code tooling for workflow automation
  • Powerful project and work management tools to execute various levels of work across the enterprise – from portfolio planning with strategy / goal planning, to project planning with capacity planning, project execution and project insight and analytics

Comments are closed.