The president of Broadcom software business is leaving the company for another job, with his responsibilities shifting to Chief Executive Hock Tan, according to a regulatory filing.
Thomas Krause is leaving to become CEO of the combined company of Citrix Systems and Tibco Software. Vista Equity Partners and Evergreen Coast Capital Corp., the private-equity arm of Elliott Management Corp., in January agreed to buy Citrix for $16.5 billion, including debt, to combine the cloud-computing company with Tibco.
