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Citrix Is in Talks to Buy Vista’s Wrike for $2 Billion-Plus

  • Deal for work-management platform could be reached this week
  • Vista invested in Wrike at an $800 million valuation in 2018
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Photographer: Jason Alden/Bloomberg

Citrix Systems Inc. is in advanced talks to buy the work-management platform company Wrike Inc. for more than $2 billion, according to people familiar with the matter.

A deal for Wrike, owned by the technology-focused buyout firm Vista Equity Partners, could be reached as soon as this week, the people said, asking not to be identified because the information was private. It would be the largest acquisition to date for Citrix.