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Citrix Systems

Close the acquisition of Wrike

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
19 Jan 2021
Due
30 Jun 2021
Delivered
by 1 Mar 2021
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Signed definitive agreement to acquire Wrike for $2.25 billion in cash which is expected to close in the first half of 2021.”
  • SourceCitrix Systems Form 8-K press release, 2021-01-19
  • FilingSEC filing index
  • Deadline as statedin the first half of 2021
  • Deadline used30 Jun 2021, the last day of the stated period
  • TypeTransaction
  • Permanent referenceKI-C-2021-C877890-018988
    Cite as https://keptindex.org/c/KI-C-2021-C877890-018988/ — this address never changes.

What we found

Evidence strength A What the grades mean

Citrix acquired Wrike in the first quarter of 2021, as evidenced by financial disclosures detailing cash paid for the acquisition and repayment of Wrike's debt.

  • A
    Citrix Systems 10-Q filed 2021-11-08 Regulatory filing · published 8 Nov 2021 · retrieved 21 Oct 2026 · kept permanently by the SEC · fingerprint 483e16fb4912
    “The decrease in Cash, cash equivalents and investments when comparing September 30, 2021 to December 31, 2020, is primarily due to cash paid for the Wrike acquisition, net of cash acquired of $2.02 billion” ✓ confirmed on the page
  • A
    Citrix Systems 10-Q filed 2022-05-05 Regulatory filing · published 5 May 2022 · retrieved 21 Oct 2026 · kept permanently by the SEC · fingerprint 748b38a63611
    “The Company incurred $20.1 million of expenses related to the Wrike acquisition, of which $0.3 million and $15.5 million were expensed during the three months ended March 31, 2022 and 2021, respectively” ✓ confirmed on the page

Checked 21 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Acquisition close
Indicative materiality
High rules
Action
Close
Deliverable
Acquisition of Wrike
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
High
Depends on
Regulatory, Counterparty

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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