Citrix completes its acquisition of Wrike

Citrix Systems today announced that it has completed its acquisition of Wrike for approximately $2.25 billion in cash. Through the acquisition, Citrix will deliver the industry’s most comprehensive cloud-based work platform to empower all employees and teams to securely access, collaborate and execute all work types in the most efficient and effective way possible — across any work channel, device, or location.

David Henshall, President and CEO, Citrix

“For more than three decades, Citrix has been a leader in providing digital workspace infrastructure that empowers IT organizations to securely deliver the apps, content and business services employees need to do their jobs,” said 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 organizations to perform at their best.”

With Wrike, Citrix will further enhance its capabilities with a best-in-class collaborative work management solution for project-based work, portfolio management and other collaborative work types.

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