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Broadcom’s Krause Named CEO of New Citrix-Tibco Combination

  • Krause has stepped down from Broadcom after a decade
  • Take-private of Citrix is expected in the third quarter
Updated on

Tom Krause, who stepped down Monday as president of Broadcom Inc.’s software group, has been named chief executive officer of the company being formed via the merger of Citrix Systems Inc. and Tibco Software.

Citrix said Monday that Krause is to become CEO after that deal closes, confirming a report by Bloomberg News. The transaction is slated to close in the third quarter.