Citrix to acquire PowerTel BOCA

BANGALORE: Citrix Systems, Inc. has announced it's plans to acquire PowerTel

BOCA Ltd., to set up a wholly owned subsidiary in India, subject to Government

approval. The acquisition will enable Citrix, a player in application server

software and services, to accelerate its expansion in the Asia Pacific region.

The acquisition will provide Citrix with a network of established offices

throughout India, an experienced management, sales, marketing and technical

team, and access to about 500 local resellers to complement its existing

distribution and channel partner relationships. Citrix Systems Asia Pacific

managing director Nabeel Youakim said, "For some time now, Citrix has been

looking to accelerate its expansion in India in response to growing demand for

our application server products and services."

Citrix has been evaluating acquisition opportunities in India for the past 6

months with the help of a number of global consulting organizations including

Ernst & Young and KPMG. "Our track record and success in the enterprise

market, plus our established channel relationships, are in perfect alignment

with Citrix," said PowerTel BOCA managing director Dinesh Puri.

According to a press release issued by the company, Citrix will make job

offers to all of PowerTel BOCA's 40 and above employees, including Mr Puri who

is set to become Citrix's managing director for India. Citrix will announce the

full structure of the new Indian company and its operations within the next

month.