Citrix Systems (CTXS) is snapping up Cloud.com, a provider of software platforms that allow...

|About: Citrix Systems, Inc. (CTXS)|By:, SA News Editor

Citrix Systems (CTXS) is snapping up Cloud.com, a provider of software platforms that allow service providers to offer cloud services. The acquisition should help Citrix to better compete against VMware (VMW) in the virtualization software market, as virtualization providers evolve to provide broader infrastructure management.