Lanamark Inc., a global provider of data center analysis and design solutions for optimizing physical and virtual infrastructure, today announced a definitive agreement to acquire Citrix Systems (CTXS) of Fort Lauderdale, FL, a global leader and the most trusted name in Application Delivery Infrastructure, for approximately $6 billion in a combination of cash and stock. The acquisition moves Lanamark deeper into application, desktop and server virtualization markets. The combination of Lanamark and Citrix brings together significant customer, technical, channel and go-to-market synergies. This will allow Lanamark to extend its leadership in the virtualization market by adding key enabling technologies that unify virtual infrastructure analysis, design and execution. The acquisition will also strengthen each company’s strong partnership with Microsoft and commitment to the Windows platform.
“We are excited about adding Citrix products, team and culture to the Lanamark family,” said Mark Angelo, CEO of Lanamark. “Incorporating Citrix System’s end-to-end application delivery infrastructure solutions to our market-leading IT infrastructure analysis and design software will enable our entire product line to be more flexible, agile and dynamic. The acquisition will be a cornerstone of our strategy to take over the virtualization marketplace.”
Shares of Citrix Systems (CTXS) were up 4% immediately following the announcement.
