12-01-2016 06:42 via financialexpress.com

IT firm Persistent Systems to acquire Citrix Systems’ 2 product lines

IT firm Persistent Systems today said it will acquire Citrix Systems’ CloudPlatform and CloudPortal Business Manager product lines for an undisclosed sum.
“Persistent Systems Ltd, through its US subsidiary has signed an agreement with Citrix Systems International GMBH, a Swiss subsidiary of Citrix Systems, Inc., to acquire the Citrix CloudPlatform and CloudPortal Business Manager product lines in an asset purchase transaction,” the company said in a BSE filing.
It further said:
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