A Brief History of Citrix Systems, Inc. (CTXS)

Citrix Systems, Inc. is an American multinational software company that provides server, application, and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. The company was founded in 1989 by Ed Iacobucci and Roger Roberts in Richardson, Texas.

Here are some key points in the history of Citrix Systems, Inc.:

• 1995: Citrix goes public with an initial public offering (IPO) on the NASDAQ stock exchange.
• 1998: Citrix acquires Sequoia Software, a web portal company, to expand its product offerings.
• 2001: The company introduces its flagship product, Citrix XenApp (formerly known as Citrix MetaFrame), which allows remote access to Windows applications.
• 2004: Citrix acquires Expertcity, the company behind GoToMeeting, expanding its portfolio to include web conferencing and remote support services.
• 2008: Citrix acquires virtualization technology company XenSource, enabling the company to offer its own hypervisor, XenServer.
• 2011: Citrix introduces Citrix Cloud, a platform for building and delivering cloud services.
• 2017: Citrix appoints David J. Henshall as CEO, replacing Kirill Tatarinov.
• 2020: Citrix announces its plans to acquire Wrike, a collaborative work management platform, to enhance its digital workspace offerings.

Who Owns Citrix Systems, Inc. (CTXS)

Citrix Systems, Inc. (CTXS) is a multinational software company that provides server, application, and desktop virtualization, networking, software as a service, and cloud computing technologies. As of the most recent data, the company is primarily owned by institutional investors, with a few key individuals also holding significant stakes.

Here are some of the major institutional investors that own shares in Citrix Systems, Inc.:

• The Vanguard Group: One of the largest investment management companies in the world, The Vanguard Group owns a substantial portion of Citrix Systems, Inc. Through its various funds and accounts, Vanguard holds a significant stake in the company.
• BlackRock, Inc.: Another major institutional investor, BlackRock, Inc. is known for its asset management services. The company holds a sizable position in Citrix Systems, Inc. on behalf of its clients.
• State Street Corporation: State Street Corporation is a leading financial services company that also owns a significant portion of Citrix Systems, Inc. through its investment management services.

In addition to institutional investors, key individuals also have significant ownership in Citrix Systems, Inc. One of the most notable is David Henshall, who serves as the company's President and CEO. Henshall has a substantial personal stake in the company, aligning his interests with those of other shareholders.

Citrix Systems, Inc. (CTXS) Mission Statement

Citrix Systems, Inc. is a global leader in digital workspace solutions that enable people to work anytime, anywhere, and on any device. The company's mission statement reflects its commitment to delivering innovative technology to empower organizations to achieve their full potential.

The company's mission statement is:

"To deliver the world's most comprehensive and integrated digital workspace technology platform, enabling seamless and secure access to apps, desktops, data and services from any device, over any network or cloud."

Key points highlighted in Citrix Systems, Inc.'s mission statement include:

• Comprehensive and integrated digital workspace technology platform: Citrix aims to provide a complete solution that meets the diverse needs of modern organizations.
• Seamless and secure access: The company prioritizes user experience and data security in its digital workspace solutions.
• Any device, over any network or cloud: Citrix's technology is designed to be flexible and adaptable, allowing users to work from anywhere without limitations.

How Citrix Systems, Inc. (CTXS) Works

Citrix Systems, Inc. is a multinational software company that provides server, application and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. The company's products are used by more than 400,000 organizations worldwide.

One of the key products offered by Citrix Systems, Inc. is its virtualization platform, which allows businesses to create virtual environments for their applications and desktops. This helps organizations reduce costs, improve security, and increase flexibility in their IT infrastructure.

Another important product from Citrix Systems, Inc. is its networking solutions, which help businesses optimize the performance of their networks and applications. These solutions ensure that employees have secure and reliable access to the resources they need to do their jobs efficiently.

Citrix Systems, Inc. also offers software as a service (SaaS) products, which allow organizations to access software applications over the internet. This eliminates the need to install and maintain software on individual devices, making it easier for businesses to manage their IT resources.

• Virtualization: Citrix's virtualization platform helps organizations create virtual environments for their applications and desktops, reducing costs and increasing flexibility.
• Networking: Citrix's networking solutions optimize network and application performance, ensuring secure and reliable access for employees.
• Software as a Service (SaaS): Citrix's SaaS products allow businesses to access software applications over the internet, simplifying IT resource management.

How Citrix Systems, Inc. (CTXS) Makes Money

Citrix Systems, Inc. (CTXS) is a multinational software company that provides server, application, and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. The company generates revenue through various channels:

• Software Licenses: Citrix sells software licenses for its virtualization and networking products to businesses and organizations. These licenses enable customers to use Citrix's software solutions to improve efficiency and productivity within their IT infrastructure.
• Subscription Services: Citrix offers subscription-based services for its software products, allowing customers to access updates, support, and additional features for a recurring fee. This recurring revenue stream provides a steady income for the company.
• Professional Services: Citrix provides professional services, such as consulting, training, and implementation services, to help customers optimize their use of Citrix products. These services generate additional revenue for the company.
• Cloud Services: Citrix offers cloud-based solutions, such as Citrix Cloud, which allows customers to deploy and manage Citrix products in the cloud. The company earns revenue from these cloud services through subscription fees and usage charges.
• Hardware Sales: In addition to software and services, Citrix also sells hardware products, such as networking appliances and endpoint devices, to complement its software solutions. These hardware sales contribute to the company's overall revenue.