The Miami Herald Business letter column
Citrix Systems UTAH PURCHASED SOFTWARE manufacturer: Citrix Systems (CTXS), Fort Lauderdale software manufacturers, said they buy closely held View Soft Inc. for about $ 32 million to strengthen their use of Web-based software applications.
Soft View, Provo, Utah-based producers of Internet software, is a wholly owned subsidiary of Citrix, explained the company.
Citrix expects a fee of about U.S. $ 2 million for the quarter ending September 30 for the research and development costs related to the purchase. A portion of the purchase price for research and development, said the company.
The transaction is expected during the third quarter. $ Citrix shares were 1.37-1 / 2 to $ 58.50.
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