Mergers and Acquisitions (M&A): Cloud Software Group to Acquire Arctera
Cupertino, California – Cloud Software Group has announced the acquisition of Arctera. According to the company announcement Cloud Software Group, Inc. is an enterprise software company formed in 2022 from the merger of Citrix and TIBCO Software, with dual headquarters in Fort Lauderdale, Florida, and Pleasanton, California. The company focuses on acquiring at-scale, enterprise-focused software businesses that offer mission-critical capabilities and high value to public and private sector customers. Cloud Software Group has a track record of investing in its portfolio of software brands, aiming to improve their profitability and long-term sustainability. The company is set to acquire Arctera, a global leader in data management, which will operate as a standalone business unit within Cloud Software Group’s portfolio.
To learn more about Cloud Software Group, visit https://www.cloud.com/
Company LinkedIn Page: https://www.linkedin.com/company/cloud-com/
Company Contact:
Cloud Software Group
10050 N Wolfe Rd Cupertino, CA 95014
408-916-1761
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