| Citrix had acquired NetScaler, founded by Indian-American serial entrepreneur B V Jagadeesh, for $300 million in cash and stock deal in August 2005. |
| Said Mark Templeton, president & CEO, Citrix: "With the acquisition, we are extending our access experience value to the range of web-based application, including enterprise, browser-based, XML web services and others. This acquisition strengthens our customer value proposition by offering a complementary delivery solution through our access platform. The technologies that NetScaler has developed will enhance our portfolio by improving application security, manageability, reliability and availability of any web application." |
| The acquisition of NetScaler gives Citrix access to 75 professionals in India and it will continue to invest in the integration of India sales and marketing teams. |
| "The integration is focussed on synergising channel partner strengths and educating partners to effectively provide customers a larger solution set. The India sales integration plans include a phased approach, scheduled for completion in the next two quarters," Templeton added. |
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