Cloud Software Group Completes Acquisition of Arctera

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Cloud Software Group, Inc. today announced that it has completed its acquisition of Arctera, a global leader in data management.

Arctera helps organizations trust, access and illuminate their data from creation to retirement. Arctera will operate as a standalone business within the Cloud Software Group portfolio.

“We are excited to officially welcome Arctera to Cloud Software Group,” said Tom Krause, Chief Executive Officer of Cloud Software Group. “As a leading provider of data and enterprise infrastructure software solutions for customers worldwide, Arctera fits squarely within our strategy as we help build mission-critical capabilities to create enhanced value for customers. The addition of Arctera to our portfolio is an important step forward as we execute our strategy to acquire at-scale, enterprise-focused software businesses that fit within our proven model.”

About Cloud Software Group

Cloud Software Group provides the modern enterprise with mission-critical software. Composed of TIBCO, Citrix and software solutions, Cloud Software Group helps more than 100 million users around the globe evolve, compete, and succeed across private, public, managed, and sovereign cloud environments. To learn how to leverage Cloud Software Group’s solutions for and across data, automation, insight, and collaboration, visit https://www.cloud.com.