Citrix Systems Inc.: Work Better, Live Better

Citrix Systems Inc. is a multinational company which provides server virtualization, software-as-a-service (SaaS), networking, cloud computing and open source products. The company was founded in 1989 by Ed Iacobucci. Iacobucci was an ex-IBM developer who was able to raise $3 million for Citrix. Iacobucci used the fund for the company’s start up and development. Originally, the company was named Citrus but was changed to Citrix because of a trademark dispute. Citrix believes that work and life are not exclusive. This belief has inspired the company to provide solutions that would allow seamless continuum. These solutions complement life. The company is a success in transforming the way business and IT work. Citrix was able to power workstyles through networking and cloud collaboration. Complex IT infrastructures have become simpler and accessible to over 260,000 clients. Approximately 75% of internet users have been touched by Citrix products every day. Today, Citrix is located in Florida, USA. Several subsidiaries are operating in the states of Massachusetts and California in addition to development centers located in the UK, Canada, India and Australia. The company is publicly traded on NASDAQ. Citrix ULTIUSER was company’s first product. It was based on OS/2. The source code was licensed from Microsoft. The aim of Citrix was to capture a portion of the UNIX market through an easy to deploy OS/2 application. In 1993, Citrix bought from Novell “Netware Access Server”. This was remote access application which is built on DOS. The product can provide computers with applications from the server which can be accessed by multiple users like Terminal Servers do. This was the company’s first successful product. The company has tremendous growth since it went public in 1995. Citirix solutions are used by over 10,000 in over 100 countries. In 2011, the company reported revenues amounting to $2.21 billion.