Accelerite Finalizes Acquisition of Citrix CloudPlatform and CloudPortal Business Manager

Purchase Expands Accelerite’s Cloud Life Cycle Management Solution

SANTA CLARA, Calif., March 16, 2016 – Accelerite a provider of infrastructure software for cloud, mobility, IoT and endpoint management, announced today it has closed the acquisition of the CloudPlatform and CloudPortal Business Manager products from Citrix Systems, Inc.

With the addition of CloudPlatform, powered by Apache CloudStack for cloud orchestration and CloudPortal Business Manager for cloud services front-end, Accelerite offers a complete turn-key cloud orchestration platform for enterprises and telecom providers to rapidly deliver private and public clouds and expand capacity on-demand.

“CloudPlatform and the CloudPortal Business Manager product lines further strengthen our innovative end-to-end cloud solutions for enterprise and telecommunications customers as they migrate applications and data to public and private cloud environments,” said Nara Rajagopalan, CEO of Accelerite. “We are protecting and enhancing customers’ investment in these products by delivering world-class technical support, investing further in product development and offering new capabilities unique to the enterprise product. We remain committed to the open source community and will continue to make contributions.”

Additional product offerings in the Accelerite cloud infrastructure software portfolio include ConVirt for multi-cloud, multi-virtualization, hybrid cloud self-service management, rCloud for cloud based Disaster-Recover-as-a-Service and Rovius for enterprise-grade disaster recovery.

Accelerite delivers business-critical infrastructure software for Fortune 500s, telecom operators and SMEs around the globe. Accelerite’s product suite includes solutions for cloud life cycle management, endpoint security, enterprise mobility management, and the Internet of Things. Headquartered in Santa Clara, Calif., Accelerite serves as the products business of Persistent Systems (BSE & NSE: PERSISTENT), a global leader in software product development and technology services, with 9,000 team members worldwide. Learn more at www.accelerite.com.

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