Search

Citrix Acquires Orbital Data: Technology To Be Incorporated In New Product Citrix WANScaler

Tuesday, 08 August 2006 by Michel Roth

Citrix today announced that it has signed a definitive agreement to acquire privately held Orbital Data Corp., a leading provider of solutions that optimize the delivery of applications over wide area networks(WANs). As an emerging leader in the fast-growing WAN optimization market, Orbital Data gives Citrix best-in-class technology as well as a strategic presence at the entry point to branch offices worldwide. The all-cash consideration payable to the shareholders of Orbital Data Corp. is approximately $50 million, and the acquisition is expected to close in the third quarter of 2006. The company also assumed approximately 0.3 million unvested stock-based instruments each of which upon vesting will be exercisable for the right to receive one share of the company�s common stock.

Upon close of this acquisition, Citrix plans to reintroduce the Orbital Data product line under the Citrix WANScaler brand. The new Citrix WANScaler team will become part of the company�s Application Networking Group headquartered in San Jose, California, which is responsible for appliance-based solutions such as Citrix NetScaler, Citrix Access Gateway and Citrix Application Firewall.

Citrix WANScaler will be sold through two distinct go-to-market initiatives. Networking buyers, who drive many WAN optimization decisions today, will be addressed through Citrix partners authorized in application networking, and a dedicated WANScaler sales specialist team, much like the company�s NetScaler solutions are sold today. In addition, Citrix plans to offer specialized, easy-to-deploy versions of the product, including a Citrix WANScaler for Presentation Server offering, which will have broad applicability to the larger Citrix installed base and worldwide field and channel organization.

The Citrix WANScaler product line will offer three distinct advantages to Citrix customers as part of the company�s end-to-end application delivery strategy. View the Citrix WANScaler presentation to learn more.

Read the entire press release here.