By Redaktion ad-hoc-news.de
Publication Date: 2026-05-14 13:29:00
Citrix Systems, now part of Cloud Software Group after its 2022 acquisition, continues to serve enterprise virtualization needs. The company’s technology remains relevant for US investors tracking hybrid work trends.
Citrix Systems, known for its virtualization and remote access solutions, was acquired in late 2022 by affiliates of Elliott Investment Management and Vista Equity Partners in a $16.5 billion deal, forming Cloud Software Group. The transaction closed on September 29, 2022, marking the end of Citrix as a standalone public company, according to Citrix investor relations as of 09/29/2022. Its shares previously traded on Nasdaq under the ticker CTXS.
As of: 14.05.2026
By the editorial team – specialized in equity coverage.
At a glance
- Name: Citrix Systems, Inc.
- Sector/industry: Software / Virtualization & Cloud
- Headquarters/country: Fort Lauderdale, Florida, USA
- Core markets: Enterprise IT, hybrid work, remote access
- Key revenue drivers: Subscriptions, Citrix Virtual Apps…