Citrix Acquires Cloud Infrastructure Provider Cloud.com

. July 12, 2011 . 0 Comments

Citrix Systems today announced it has completed the acquisition of Cloud.com, a market leading provider of software infrastructure platforms for cloud providers. The company’s innovative CloudStack™ product line helps providers of all types deploy and manage simple, cost-effective cloud services that are scalable, secure, and open by design. This acquisition further establishes Citrix as a leader in infrastructure for the rapidly growing cloud provider market. The terms of the acquisition were not disclosed.

The transition from the PC Era to the Cloud Era is expected to fuel a massive build out in cloud infrastructure, creating a new market projected to exceed $11 billion by the end of 2013, according to industry analysts(1). This market will feature thousands of providers of all shapes and sizes, offering a vast array of new cloud services ranging from business, infrastructure and development offerings, to consumer, mobile and gaming services. Most of the clouds that service this market will look nothing like traditional enterprise datacenters. They will run on radically different platforms purpose-built for cloud computing – platforms designed from the ground up to deliver multi-tier, multi-tenant services in the simplest and most cost-effective way. The world’s largest and most successful public clouds are all built this way today.

About Citrix
Citrix Systems, Inc. (NASDAQ:CTXS) is a leading provider of virtual computing solutions that help people work and play from anywhere on any device. More than 230,000 enterprises rely on Citrix to create better ways for people, IT and business to work through virtual meetings, desktops and datacenters. Citrix virtualization, networking and cloud solutions deliver over 100 million corporate desktops and touch 75 percent of Internet users each day. Citrix partners with over 10,000 companies in 100 countries. Annual revenue in 2010 was $1.87 billion. Learn more at www.citrix.com

Category: Cloud

Leave a Reply

Your email address will not be published. Required fields are marked *