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Citrix creates and sells virtualization, cloud computing, networking and SaaS products that aim to provide remote connectivity to workers on a variety of devices. [ 2 ] [ 3 ] The company's first acquisition was DataPac in 1997, which Citrix purchased in order to utilize DataPac's technology and its position in the Asia-Pacific region. [ 4 ]
Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. [ 4 ] [ failed verification ] With over $100 billion in assets under management (AUM), it is one of the largest private equity firms in the world. [ 5 ]
Citrix licenses its services and products directly to clients, which include IT professionals and SMEs, and through value-added resellers. Before going private, Citrix was publicly traded under the ticker symbol CTXS. [75] In 2020, the company ranked 779 on the Fortune 1000 and 1,267 on the Forbes Global 2000.
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Citrix Cloud enables cloud services for Citrix products XenApp, XenDesktop, XenMobile, ShareFile, and NetScaler. [1] In addition, Citrix has developed several cloud-native services, including its Secure Browser Service. [4] Citrix Cloud is compatible with any device and cloud or data center and can be synced via Citrix Cloud Connector. [5]
In July 2016, LogMeIn announced in a merger with Citrix's GoTo products using a Reverse Morris Trust. [26] In February 2017, LogMeIn completed a merger with GetGo, the corporate spin-off of the GoTo product line from Citrix Systems. [27] In February 2018, the company announced the sale of Xively to Google for $50M. [28]
Francisco Partners Management, L.P., doing business as Francisco Partners, is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. [2] It was founded in August 1999 and based in San Francisco with offices in London and New York City. [3] [4]
Veritas Capital Fund Management, L.L.C. is a New York–based private-equity firm founded in 1992 that invests in companies providing critical products and services, primarily technology-enabled products and services, to government and commercial customers worldwide. [6] [7] [8] The firm's first fund closed in 1998. [9]