The two firms are betting that combining them all into one entity will be the best way to reverse Citrix's recent plunge.īefore today, Vista's largest buyout ever occurred in 2015, per PitchBook when it took Solera private for $6.5 billion. Between Citrix, Tibco and Wrike, that's three different software companies with close ties to Elliott and Vista. The seller? Vista, which had bought Wrike for a reported $800 million in 2018. Last March, Citrix bought fellow enterprise software developer Wrike for $2.25 billion, easily its biggest acquisition ever.
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