[yuan43]

> AUSTIN, Texas, & MENLO PARK, Calif. – September 30, 2022 – Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and Evergreen Coast Capital Corp. (“Evergreen”), an affiliate of Elliott Investment Management L.P. (together with its affiliates, collectively, “Elliott”), today announced the successful completion of their previously announced transaction to acquire Citrix Systems, Inc. (NASDAQ: CTXS) (“Citrix”) and combine it with TIBCO Software (“TIBCO”).

What role is Vista playing here? It's not clear why that company is necessary or even involved.

It sounds like Vista is the owner of both entities and plans to sell the combined unit at some point.

[djbusby]

Put the deal together, milk the current clients while also neglecting product, reducing headcount and perhaps little cost increase, cause, you know, inflation.

It's called Synergy.

[brd529]

That’s right it was a Vista LBO