Citrix Systems explores potential sale after 2021 stock rout: Bloomberg News

Cloud computing company Citrix Systems Inc is working with advisers weighing whether to sell itself after its stock tumbled this year, Bloomberg News reported on Tuesday citing people familiar with the matter.

The workplace software maker plans to gauge the interest of potential buyers over the next few weeks, the report said, adding that a decision is yet to be made on whether to pursue a sale and Citrix might remain a standalone entity.

The report, however, did not provide the details of the advisers with whom the company is working on the potential sale.