Citrix Systems pays $4.5 mln cash for Wellington’s Beetil

Mon, 10 Jun 2013

By Paul McBeth June 11 (BusinessDesk) - Citrix Systems New Zealand, the local holding company of the global cloud-based IT services supplier, paid $4.5 million in cash when it snapped up Wellington’s Beetil Service Management last year. The deal saw Citrix absorb the existing Beetil team into its IT support unit, adding an integrated IT service desk to its product line, and the details were published in its 2012 financial report lodged with the Companies Office. Beetil’s customer base was valued at $4.6 million at the time of the transact...

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