Citrix Systems, Inc.
CTX.DE
Deutsche Börse106.32
EUR
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Citrix Systems, Inc.
CTX.DE
(Deutsche Börse)
Recent
price
106.32
P/E
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div
yld
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ROIC.AI
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- Business
- Citrix Systems, Inc. (CTX.DE) provides a comprehensive platform for secure application and desktop delivery, virtualization, networking, and cloud services to enable hybrid workforces worldwide. The company offers core products including Citrix Virtual Apps and Desktops for virtual desktop infrastructure and desktop as a service; Citrix Workspace for unified app access; NetScaler for application delivery controllers, load balancing, WAN optimization, and web application firewalls; Citrix DaaS for cloud-based desktops; Citrix ADC for secure app delivery; XenServer hypervisor; Zero Trust Network Access (ZTNA) solutions; endpoint security tools; and observability services, serving industries such as healthcare, financial services, government, technology, manufacturing, and consumer sectors with customers including 99% of the Fortune 100. Founded in 1989 and headquartered in Fort Lauderdale, Florida, Citrix operates globally with regional offices in Europe, the Middle East, Africa, Asia-Pacific, Japan, India, and Switzerland, marketing its solutions through direct sales, resellers, systems integrators, and service providers. As a business unit of Cloud Software Group, Inc. following its 2022 acquisition by Vista Equity Partners and Elliott Investment Management, Citrix has pursued strategic enhancements including the December 2024 acquisitions of deviceTRUST GmbH for real-time contextual access in VDI/DaaS and strong.network SA for secure cloud development environments to bolster zero-trust security; an April 2024 eight-year partnership with Microsoft featuring a $1.65 billion commitment to Azure for joint Citrix virtual apps/desktops, AI innovations, and go-to-market support; integration of Google Chrome Enterprise Premium; and ongoing platform updates such as simplified Universal and Cloud licensing, enhanced Citrix DaaS features like cross-family VM backups and VDA upgrade tracking, alongside a transition from legacy file-based licensing by April 2026.