Merger and Acquisition #7: Citrix Systems Inc.

The seventh potential take over target for the cash-rich big tech companies according to Bloomberg BusinessWeek is the $11.9 billion dollar cloud computing software company Citrix Systems Inc. (Nasdaq:CTXS).  Citrix Systems Inc. is the pioneer in cloud computing software and is attracting big techs such as Cisco, HP, IBM and Microsoft.  Source says Microsoft is very interested in acquiring Citrix and might counter any rival's offer. 


Shares of Citrix Systems have tripled from early 2009 and is now trading around multi-year hight of $63.41 per share.  The software maker just reported stronger than expected 3Q earning and is also expecting a better than expected 4Q.  This is a solid company that should definitely attracts many bids.