Citrix looking to sell declining ByteMobile
At its investor’s conference call, Citrix confirmed it has been in discussions with a variety of third parties regarding the sale of its mobile network traffic management arm, ByteMobile.
In a statement released by the vendor prior to the investor’s call, Citrix confirmed discussions relating to a potential sale are ongoing.
“The company also announced that earlier this year it engaged a financial advisor to provide strategic advice related to the potential sale of its ByteMobile business,” it said. “Citrix is currently in active discussions with third parties regarding a potential sale.”
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