Will the Citrix-Tibco merger create enterprise magic? Vista clearly thinks so | TechCrunch

Will the Citrix-Tibco merger create enterprise magic? Vista clearly thinks so

Citrix signage at the company's headquarters in Santa Clara, California, U.S., on Wednesday, Jan. 19, 2022. Elliott Investment Management and Vista Equity Partners are in advanced talks to buy software-maker Citrix Systems Inc., according to people familiar with the matter. Photographer: David Paul Morris/Bloomberg via Getty Images

Private equity firm Vista Equity Partners has finally found a suitable match for Tibco: it has teamed up with Evergreen Coast Capital (a unit of Elliot Management) to buy Citrix Systems for $16.5 bn.