Activist hedge fund Elliott Management is shaking things up at Citrix Systems after disclosing a 7.1% stake in the company and offering a plan to create a leaner, meaner Citrix, citing the need for change following “years of layered complexity and expenses.”
Yesterday, Elliott Management, a 7.1% owner in Citrix Systems, advised Citrix in writing that drastic changes are needed in order to refocus the company and return it to profit. Elliott not only voiced concerns about the current modus operandi, but it aggressively proposed ways that it could return Citrix to a positive trajectory by making … Continue reading Citrix and Elliott Management: Impact on Customers
Citrix Workspace Hub – A potentially game changing new product that does for the real world what until now only Tony Stark could do for the Marvel universe.
When Mark Templeton announced that XenApp 6.5 was being given a new lease of life, the news was met with universal applause. This may be good news for the customer today, but the long term position is nothing but bad news for Citrix.
On March 11 on the VMware end-user computing blog, Sumit Dhawan casually announced VMware’s next big thing: Project Enzo. A former Citrix exec, Sumit Dhawan is now VMware’s senior vice president and general manager, desktop products, End-User Computing.
Citrix Synergy 2015 wraps up in Orlando today, and the announcements and sentiment at Synergy make it clear that Citrix is repositioning itself as the market leader for application and desktop virtualization. No way, no how is Citrix going to accept status quo in the virtualization space.