Citrix Systems Inc. is looking to sell its entire self as quickly as possible, with Dell Inc. being mooted as a possible buyer, Reuters reported. But if that doesn’t happen, the company will try to sell off its individual business units.

Poorly performing Citrix has found itself under siege from the renowned activist investment firm Elliott Management Corp. after that organization took a considerable stake in the company earlier this year.

Faced with breaking itself up or selling the entire company lock, stock and barrel, Citrix is said to prefer the latter option, Reuters says, citing the usual “people familiar with the matter”. The report adds that Citrix has reportedly approached Dell, as well as a number of private equity investors.

Reports that Citrix might sell up first surfaced in April. At the time, it was said a spinoff of the companies online services unit, which offers its GoToMeeting Web conferencing and GoToMyPC remote access apps, was the more likely option. But Citrix seems to have resisted that, signing a cooperation agreement with Elliott Management around the same time as Mark Templeton quit his role as the company’s CEO.

Citrix’s management apparently believes it can get a better valuation if it can find someone to buy the entire company, Reuters added.

Neither Citrix nor Dell was able to comment on the matter.

Elliott publicly stated that it believed Citrix was an under-performer last July, and suggested that the company dump both its GoTo apps and its NetScaler Web application delivery accelerator.