Date:03/06/2005 URL: http://www.thehindu.com/2005/06/03/stories/2005060309921803.htm

Business - Briefly

Citrix to acquire NetScaler

BANGALORE: Citrix Systems, Inc., leader in access infrastructure solutions, has signed a definitive agreement to acquire NetScalerE Inc., (which has operations in Bangalore too) a leader in high-performance application networking. The transaction is valued at $300 million in cash and stock, plus the assumption of about $23 million in unvested stock options. The deal is expected to close in the third quarter of 2005.