Citrix, a major software and cloud services provider, was founded in Texas in 1989. It has evolved from private to public and back, offering services in virtualization, storage, networks, software as a service, and cloud computing. Citrix’s history includes key partnerships with Microsoft and acquisitions like ExpertCity and Sequoia Software. The company’s products range from virtualization tools like Citrix Virtual Apps and Desktops to networking solutions and cloud computing capabilities. Citrix has expanded its offerings through acquisitions like ExpertCity and Unidesk, with notable deals such as the acquisition of Wrike in 2021 for $2.25 billion. In 2022, Citrix was acquired by private equity firms Vista Equity Partners and Evergreen Coast Capital for $16.5 billion, setting the stage for its future under the new Cloud Software Group. Customers can expect a range of digital workplace solutions from Citrix aimed at improving efficiency, experience, risk management, and costs. The company also emphasizes partnerships and offers programs to support customer relationships and drive growth. Citrix positions itself as a key enabler of digital transformation for businesses through innovative and secure workspace solutions.
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All the essential information about Citrix that you must know
