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Citrix Systems, Inc.
Public
Traded as
Industry
Founded1989
FounderEd Iacobucci
Headquarters
Area served
Global
Key people
Robert Calderoni (Chairman)
David Henshall (CEO)
Mark Schmitz (COO)[1]
ProductsApplication Delivery Industry, Virtualization software (DaaS), SaaS, cloud, and networking
RevenueIncrease US$3.01 billion (2019)[2]
Decrease US$536.1 million (2019)[3]
Increase US$681.8 million (2019)[4]
Total assetsDecrease US$ 4.38 billion (2019)[4]
Total equityIncrease US$837.6 million (2019)[4]
Number of employees
8,400 (2019)[5]
Websitecitrix.com

Citrix Systems, Inc. is an American multinational software company. Company provides server, application and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies.

Citrix products use by over 400,000 clients worldwide.[6] Citrix has headquarters in Fort Lauderdale, Florida and Santa Clara, California. Also company has additional development centers in Canada, Denmark, Germany, India, and the United Kingdom.

History[change | change source]

Citrix was founded in Richardson, Texas in 1989. Founder — former IBM developer Ed Iacobucci.[7] He was the head of the company till 2000. The company's first employees were five other engineers from IBM that Iacobucci invited to join his team.

Citrix was originally named Citrus, but changed its name after an existing company claimed trademark rights.[8] The Citrix name is a portmanteau of Citrus and UNIX.[9]

It began by developing remote access products for Microsoft operating systems. Citrix was in partnership with the company throughout its history.

Citrix acquired Sequoia Software Corp. in 2001[10] and ExpertCity in 2003.[11]

In 2007, the company opened a headquarters in Silicon Valley.[12]

In August 2010, Citrix announced a partnership with Google to bring the company's products to Chrome OS devices.[13][14]

In May 2012, Citrix acquired Virtual Computer, maker of intelligent desktop virtualization.[15]

Also in 2017, Citrix expanded its partnership with Google.

In 2018, Citrix changed the names of some of its products to represent its shift to a cloud operating model.[16]

References[change | change source]

  1. "Citrix Off 4%: Surprise Replacement of CEO With CFO Henshall". barrons.com. 2017-07-10. Archived from the original on 2017-07-16. Retrieved 2017-07-17.
  2. "Citrix 2018 Annual Report" (PDF). investors.citrix.com. Citrix Systems Inc. 18 February 2019. Retrieved 4 April 2019.[permanent dead link]
  3. "2019 Annual Report". p. 33. Retrieved August 20, 2020.
  4. 4.0 4.1 4.2 "2019 Annual Report". p. 31. Retrieved August 20, 2020.
  5. "2019 Annual Report". p. 10. Retrieved August 20, 2020.
  6. "Citrix Announces New Chief Revenue Officer to Lead Global Sales and Services". Citrix.com. 2017-09-21. Archived from the original on 2018-03-22.
  7. NetIndustries (2002). "Citrix Systems, Inc. – Company Profile, Information, Business Description, History, Background Information on Citrix Systems, Inc". NetIndustries. Archived from the original on 2011-05-20.
  8. Yoni Heisler. "In Pictures: How 41 tech companies got their names". PC World Australia. Archived from the original on 2 April 2015. Retrieved 26 March 2015.
  9. David E. Y. Sarna (2010). Implementing and Developing Cloud Computing Applications. CRC Press. p. 154. ISBN 9781439830833. Retrieved 4 February 2015.
  10. NetIndustries (2002). "Citrix Systems, Inc. – Company Profile, Information, Business Description, History, Background Information on Citrix Systems, Inc". NetIndustries. Archived from the original on 2011-05-20.
  11. Steven Burke (December 19, 2003). "Citrix Acquires Expertcity". CRN Magazine. Archived from the original on 14 January 2015. Retrieved 4 February 2015.
  12. "Citrix through the years: A timeline". The Miami Herald. March 18, 2012.
  13. Chris Fleck (December 7, 2010). "Google Search Finds Citrix Receiver for Chrome Notebooks". The Citrix Blog. Archived from the original on 24 November 2012. Retrieved 4 February 2015.
  14. Chance Miller (August 21, 2014). "Citrix announces Receiver app for Chrome OS, allows remote access to other devices from within the browser". 9 to 5 Google. Archived from the original on 20 January 2015. Retrieved 4 February 2015.
  15. Kyle Alspach (May 9, 2012). "Citrix acquires VC-backed Virtual Computer". Boston Business Journal. Archived from the original on 2 April 2015. Retrieved 4 February 2015.
  16. Ignoto, Nicolas (2018-05-08). "Citrix quietly changes all its product names! Goodbye NetScaler, Xen, Receiver, ShareFile and more - Nicolas Ignoto, CTP". Citrix Guru - Nicolas Ignoto, CTP. Retrieved 2019-08-16.