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CTXS
Citrix Systems, Inc.

5/27/2012, 7:44 PM ET
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CTXS Market Currents more »
  • Thursday 10:29 AM NetApp's poor guidance is hurting both storage-related names and infrastructure vendors seen as having strong cloud/virtualization exposure, as fears of an IT spending slowdown grow. Also, while the Street is pleased overall with H-P's results, the poor showings from its server business and Autonomy enterprise search unit might not be going over well. EMC -4.1%. STEC -3.8%. BRCD -2.8%. CVLT -4.9%. FFIV -5.5%. VMW -4.5%. CTXS -3.9%.
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    [Tech, On the Move]
  • Tuesday 6:58 PM The application delivery controller (ADC) market grew 5% Q/Q in seasonally weak Q1, according to Dell'Oro. Especially positive for market leader F5 (FFIV) is Dell O'ro's estimate that sales of physical high-end ADCs - a market F5 dominates - rose 14%. Less positive is the fact the budding market for virtual (i.e. software-based) ADCs grew 167% - while F5 sells virtual ADCs, they risk cannibalizing hardware sales. Citrix Systems (CTXS) and Cisco (CSCO) also participate in the ADC market. (previous)
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    [Tech]
  • Tuesday 6:07 PM VMware (VMW) is acquiring Wanova, a developer of software for managing and syncing enterprise PC "images" that contain a user's apps and data, for an undisclosed sum. Wanova's software should strengthen VMware's offerings for the PC virtualization market, a business where (unlike server virtualization) the company trails Citrix Systems (CTXS), and also faces strong competition from Dell's (DELL) Wyse Technology unit.
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    [Tech, M&A]
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Company Description

Citrix Systems, Inc. is a Delaware corporation founded on April 17, 1989. We design, develop and market technology solutions that enable information technology, or IT, services to be securely delivered through our virtual computing infrastructure on demand – independent of location, device or... More