Citrix Systems has entered into a definitive agreement to acquire Wrike, provider of collaborative work management solutions, for $2.25 billion in cash. Citrix says the combined company will offer customers an enhanced value proposition through complementary solutions, unlocking new revenue opportunities both within existing installed customer bases and new lines of business buying centers, including marketing, professional services, and HR.

Together, Citrix and Wrike will serve over 400,000 customers across 140 countries. In addition, upon closing, Wrike will gain access to Citrix’s ecosystem of partners, creating new opportunities within the ecosystem to drive additional value for customers.

“Work today is happening everywhere—at home, in the office and on the road. We believe that in the future, success will go to those companies that can support flexible and hybrid work models and provide…

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