A Massachusetts software company that purchased Raleigh-based ShareFile last month says it’s eliminating almost 200 jobs in Raleigh. Burlington, Massachusetts-based Progress Software Corp., which makes application-development, data-integration… Article Source https://www.wral.com/story/new-sharefile-parent-eliminating-200-jobs-in-downtown-raleigh/21711896/
ShareFile provides Progress with technology for sending and storing files, which could complement Progress’ existing file solution, MOVEit. Both solutions are used for file transfer, applying strong encryption standards… Article Source https://www.techzine.eu/news/collaboration/124207/progress-buys-old-citrix-service-sharefile-with-an-eye-on-moveit/
Cloud Software Group, the parent company of Citrix Systems, is reportedly considering selling its ShareFile content-sharing platform. The move is seen as part of a broader strategy to streamline operations under private equity ownership. ShareFile, valued at approximately $1.5 billion, provides document sharing and collaboration software that integrates with Microsoft Outlook. Potential buyers are being … Read more
The parent company of Citrix Systems Inc., Cloud Software Group Inc., is reportedly exploring the sale of content collaboration platform ShareFile. ShareFile is valued at about $1.5 billion and is expected to attract interest from private equity firms. This move comes as Cloud Software Group begins to streamline under its private equity owners Elliott Investment … Read more
The parent company of Citrix Systems Inc. is considering selling its content collaboration platform ShareFile, as part of an effort to streamline operations under its private equity owners. Citrix Systems Inc. is a software maker that offers a variety of services including virtualization, networking, and cloud computing solutions. ShareFile is a platform that allows users … Read more
Cloud Software Group Inc., the parent company of Citrix Systems Inc., is considering selling its content collaboration platform ShareFile as it looks to streamline its operations under its private equity owners, according to sources familiar with the matter. The company is working with a financial advisor to explore interest from potential buyers for ShareFile, which … Read more
The tech industry has seen significant changes due to advancements in technology, affecting leadership, IPOs, mergers, and acquisitions. The progression from on-premise client-server architecture to real-time cloud synchronization and now to an emerging era driven by AI and automation has reshaped the landscape, increasing competition. Microsoft has expanded its enterprise offerings, including cloud services, AI … Read more