Editing Citrix Systems (section)

{{Short description|American software company}}
{{Distinguish|Cyrix}}

{{Infobox company
| name = Citrix Systems, Inc.
| logo = Citrix Systems logo.svg
| image = Citrix headquarters.jpg
| image_caption = Headquarters in [[Fort Lauderdale, Florida]]
| type = [[Subsidiary]]
| traded_as = {{NASDAQ was|CTXS}} (1995–2022)
| industry = {{Unbulleted list|[[Cloud computing]]|[[Virtualization]]|[[Computer software]]}}
| founded = {{Start date and age|1989}} in [[Richardson, Texas]], U.S.
| founder = [[Ed Iacobucci]]
| hq_location_city = {{nowrap|[[Fort Lauderdale, Florida]], U.S.}}
| area_served = Worldwide
| key_people = [[Tom Krause (business executive)|Tom Krause]] ([[Chief executive officer|CEO]])
| products = Application Delivery Industry, [[Desktop virtualization|Virtualization software]] (DaaS), [[Software as a service|SaaS]], [[Cloud computing|cloud]], and [[Telecommunications network|networking]]
| services = 
| revenue = {{decrease}} {{US$|3.22&nbsp;billion|link=yes}} (2021)
| operating_income = {{decrease}} US$237&nbsp;million (2021)
| net_income = {{decrease}} US$307&nbsp;million (2021)
| assets = {{increase}} US$6.98&nbsp;billion (2021)
| equity = {{increase}} US$547&nbsp;million (2021)
| owner = 
| parent = [[Cloud Software Group]]
| num_employees = 9,700 (December 2021)
| subsid = 
| website = {{url|https://www.citrix.com/|citrix.com}}
| footnotes = <ref name=10K2021>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/877890/000087789022000019/ctxs-20211231.htm |title=Citrix 2021 Annual Report (Form 10-K)|date=16 February 2022 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
}}

'''Citrix Systems, Inc.''' is an American [[multinational corporation|multinational]] [[cloud computing]] and [[virtualization]] technology company that provides server, application and [[desktop virtualization]], networking, [[software as a service]] (SaaS), and [[cloud computing]] technologies. Citrix claims that their products are used by over 400,000 clients worldwide, including 99% of the Fortune 100 and 98% of the [[Fortune 500]].<ref>{{Cite news|date=2017-09-21|title=Citrix Announces New Chief Revenue Officer to Lead Global Sales and Services|language=en|work=Citrix.com|url=https://www.citrix.com/news/announcements/sep-2017/new-chief-revenue-officer-to-lead-global-sales-and-services.html|archive-url=https://web.archive.org/web/20180322204907/https://www.citrix.com/news/announcements/sep-2017/new-chief-revenue-officer-to-lead-global-sales-and-services.html|archive-date=2018-03-22}}</ref>
 
In 1989, Citrix was founded in [[Richardson, Texas]], by [[Ed Iacobucci]], who served as chairman until his departure in 2000. The company began by developing remote access products for [[Microsoft]] [[operating system]]s and licensing [[source code]] from [[Microsoft]]. Citrix has been partnered with Microsoft throughout its history. By the 1990s, Citrix had become an industry leader in [[thin client]] technology, enabling purpose-built devices to access remote servers and resources. The company launched its first [[initial public offering]] in 1995 and, with few competitors, experienced significant revenue increases between 1995 and 1999.
 
Citrix acquired Sequoia Software Corp. in 2001 and [[Expertcity|ExpertCity]], a provider of remote desktop products, in 2003. This was followed by more than a dozen other acquisitions from 2005 to 2012, which allowed Citrix to expand into additional markets including server and desktop virtualization, cloud computing, [[infrastructure as a service]], and [[software as a service]]. In 2014, Citrix acquired Framehawk and used its technology to improve the delivery of virtual desktops and applications over wireless networks. In 2016, as part of a $1.8 billion deal with [[LogMeIn]], Citrix [[corporate spin-off|spun off]] the GoTo product line into a new business entity called GetGo. In 2017, Citrix completed the merger of GetGo with LogMeIn's products.

Citrix is headquartered in [[Fort Lauderdale, Florida]], with [[subsidiary]] operations in California and Massachusetts and additional development centers in Canada, Denmark, Germany, India, and the United Kingdom. In 2021, Citrix generated $3.2 billion in revenue and had 9,700 employees.<ref name=10K2021 />

After being acquired by [[Vista Equity Partners]] and Evergreen Coast Capital Corp on September 30, 2022, Citrix merged with [[TIBCO Software]] under the newly formed Cloud Software Group.<ref name=crn-csg>{{Cite web |last=Millward |first=Wade Tyler |title=Citrix-Tibco Close $17B Deal, Uniting Virtualization And Enterprise Apps Vendors |url=https://www.crn.com/news/cloud/citrix-tibco-close-17b-deal-uniting-virtualization-and-enterprise-apps-vendors |date=2022-09-30 |website=[[CRN (magazine)|CRN]]}}</ref> Citrix spun off the re-branded Citrix ADC back into a standalone entity called [[NetScaler]] under the same parent.<ref>{{cite web |url=https://www.theregister.com/2022/10/04/cloud_software_group_tibco_citrix/ | title=NetScaler reclaims identity after Citrix, Tibco merge as 'Cloud Software Group' |date=2020-10-04 |last=Sharwood |first=Simon |work=[[The Register]]}}</ref>