Ardence to be acquired by Citrix
Citrix Systems Inc., a Florida provider of application delivery infrastructure, said today it has agreed to acquire Ardence Inc., a Waltham company whose software-streaming platform delivers Windows and Linux operating systems and applications on demand from networked storage.
Citrix said the acquisition will extend Citrix's end-to-end application delivery infrastructure leadership position by enabling real-time, on-demand provisioning of desktops, server images, and service-oriented architecture objects.
Financial terms of the transaction were not disclosed, though Citrix said the acquisition is expected to add $15 million to $18 million in fiscal 2007 revenue; the deal is expected to close in early 2007.
Upon close of the transaction, the Ardence team and products will remain in Waltham, Citrix said.
(By Chris Reidy, Globe staff)
