‘Citrix may end up in the hands of investment companies’
Virtualization specialist Citrix may end up in the hands of private investors Elliott Management and Vista Equity Partners.
According to anonymous sources from Bloomberg, activist hedge fund Elliott Management and private investment firm Vista Equity Partners are working on acquiring Citrix.
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Citrix reorganizes: staff gone and offices closed
Citrix has embarked on a reorganization, eliminating jobs and closing several offices. In this way, the company hopes for better results. The global reorganization follows recent quarterly results.
The reorganization will cost jobs throughout Citrix' entire organization. Several Citrix offices a...
Citrix announces new secure access solutions to for hybrid work
The new Zero Trust Network Access service aims to protect all apps, data and devices among remote workers.
Citrix announced the launch of Citrix Secure Private Access. This is a new Zero-Trust Network Access (ZTNA) service delivered through the Cloud. The company claims it protects access to app...
Citrix explores selling the company again, due to share price drop
Citrix Systems experienced a sharp drop in shares price this year. It is now working with advisers to again considering getting acquired, according to people familiar with the matter. The company’s shares jumped when the possible sale of the company became public news.
Citrix plans to gauge th...
ServiceNow, Citrix integrate IT service tools
ServiceNow is launching a new Virtual Agent integration with Citrix ITSM that is expected to resolve virtual applications and desktop resets automatically. Virtual infrastructure is expanding as the hybrid work model takes root.
Companies are looking for ways to resolve their IT problems quickly...
Citrix calls upon businesses to embrace working from home
Many employees expect home working to remain a permanent feature of business even after the corona pandemic. This was shown in a survey by Citrix among European office workers.
Research bureau OnePoll was commissioned by Citrix to conduct a survey of 3,750 European office workers in the United K...
Citrix introduces features for mental well-being
Citrix has added some new features to Workspace that allow employers to keep an eye on their employees' mental health. It consists of a couple of simple low-code features.
In a press release about the new features, Citrix talks extensively about the importance of mental health during the corona ...
Citrix is acquiring Wrike from Vista for $2.25B
The acquisition reflects Citrix's push towards a recurring revenue business model.
Citrix has announced that it will indeed acquire the SaaS project management platform Wrike from Vista Equity Partners, who themselves acquired Wrike only 2 years ago. Citrix will provide the $2.25 billion purchas...
Citrix is in talks to buy Vista Equity’s Wrike
The deal, rumored to be worth over $2 billion, would represent a COVID-driven increase in Wrike's valuation since 2018.
This week Bloomberg reports that Citrix Systems is in advanced talks to buy the work-management platform company Wrike for more than $2 billion. Bloomberg's reporting is accord...
Citrix issues Threat Advisory on DDoS attacks
The attacks are actively targeting Citrix Application Delivery Controllers.
Citrix has issued an advisory notice detailing the threat of a distributed denial-of-service attack pattern impacting Citrix ADCs. As part of this attack, an attacker or bots can overwhelm the Citrix ADC DTLS network thr...
Citrix reveals new security offerings
Citrix has announced two new products to help companies secure their cloud-based applications. Secure Internet Access and Secure Workspace Access offer different methods to secure the connection between the employee and the cloud.
Secure Internet Access
With Secure Internet Access, Citrix pro...
Products from big tech companies are vulnerable to cyberattack
RiskIQ security firm has identified critical vulnerabilities in many remote access and perimeter devices. Cybercriminals are already taking advantage of them. A recent investigation revealed that Microsoft, IBM, Citrix, and Cisco products were vulnerable.
The surge of employees working remotely ...