Citrix Systems Sets Purchase

It will buy a privately held firm.
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Citrix Systems (CTXS) - Get Report agreed to acquire privately held Ardence of Waltham, Mass.

The financial terms of the agreement aren't being disclosed. The acquisition should be completed in the first quarter.

Assuming the transaction closes as expected, the acquisition will likely add around $15 million to $18 million in revenue in fiscal 2007, Citrix said. The deal will have little or no impact on GAAP earnings and be neutral to per-share profits on an adjusted basis.