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Citrix Systems, Inc. is an American multinational cloud computing and virtualization technology company that provides server, application and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. Citrix claims that their products are used by over 400,000 clients worldwide, including 99% of the Fortune 100 and 98% of the Fortune 500. In 1989, Citrix was founded in Richardson, Texas, by Ed Iacobucci, who served as chairman until his departure in 2000. The company began by developing remote access products for Microsoft operating systems and licensing source code from Microsoft. Citrix has been partnered with Microsoft throughout its history. By the 1990s, Citrix had become an industry leader in thin client technology, enabling purpose-built devices to access remote servers and resources. The company launched its first initial public offering in 1995 and, with few competitors, experienced significant revenue increases between 1995 and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fort Lauderdale, Florida
Fort Lauderdale ( ) is a coastal city located in the U.S. state of Florida, north of Miami along the Atlantic Ocean. It is the county seat of and most populous city in Broward County, Florida, Broward County with a population of 182,760 at the 2020 United States census, 2020 census, making it the tenth-most populous city in Florida. After Miami and Hialeah, Florida, Hialeah, Fort Lauderdale is the third-most populous city in the Miami metropolitan area, Miami Metro Area, which had a population of 6,166,488 in 2019. Built in 1838 and first incorporated in 1911, Fort Lauderdale is named after a series of forts built by the United States during the Second Seminole War. The forts took their name from Major William Lauderdale (1782–1838), younger brother of Lieutenant Colonel James Lauderdale. Development of the city did not begin until 50 years after the forts were abandoned at the end of the conflict. Three forts named "Fort Lauderdale" were constructed including the first at the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Software As A Service
Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike other software delivery models, it separates "the possession and ownership of software from its use". SaaS use began around 2000, and by 2023 was the main form of software application deployment. Unlike most self-hosted software products, only one version of the software exists and only one operating system and configuration is supported. SaaS products typically run on rented infrastructure as a service (IaaS) or platform as a service (PaaS) systems including hardware and sometimes operating systems and middleware, to accommodate rapid increases in usage while providing instant and continuous availability to customers. SaaS customers have the abstraction of limitless computing resources, while economy of scale drives down the cost. Sa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TIBCO Software
TIBCO Software Inc. is a business unit of Cloud Software Group that provides business intelligence, enterprise software. It has headquarters in Palo Alto and offices in North America, Europe, Asia, the Middle East, Africa and South America. History TIBCO (The Information Bus Company) was founded in 1997 by Vivek Ranadivé as a subsidiary of Reuters Group, Reuters Holdings. Ranadivé originally developed the information bus software at his previous company, Teknekron Software Systems, which he sold to Reuters for $125million in 1994. TIBCO's software allowed companies to receive and respond to information in real time. Later in 1997, the company became one of 13 to partner with Microsoft in the development of push technology. Its software products which primarily served the financial sector helping automation of financial transactions processing during the company's early beginnings, had evolved to be used in energy, semiconductor manufacturing, and other industries, by 1999. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vista Equity Partners
Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. It is one of the largest private equity firms in the world, managing over $100 billion in assets. Vista Equity Partners has invested in hundreds of technology companies, including Citrix, SentinelOne, and Marketo. The company has offices in several cities, including Austin, Chicago, New York, and San Francisco. History 2000–2009 Vista Equity Partners was founded in 2000 by American businessman Robert F. Smith, who is chairman and CEO. Vista opened its first office in San Francisco in 2000. In November 2008, the company closed a funding round for its first institutional fund with a total of $1.3 billion raised. 2010–2019 In 2010, Brian N. Sheth was promoted to president and awarded the title of co-founder of the firm. He remained in this role until his departure in 2020. In 2011, the company opened an office in Austin, Texas. Ov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Spin-off
A corporate spin-off, also known as a spin-out, starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original Capital stock, stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LogMeIn
GoTo Technologies USA, Inc., formerly LogMeIn Inc., is a software as a service (Software as a service, SaaS) company that provides unified communication and IT management software. The company was founded in 2003, and is based in Boston, Massachusetts. On February 2, 2022, the company was rebranded from LogMeIn to GoTo. With the rebranding to GoTo, the company also announced the launch of a unified application featuring two main products: * LogMeIn Resolve for IT management and support * GoTo Connect for business communications On December 17, 2019, LogMeIn announced an agreement to be sold for $4.3 billion to Francisco Partners and Evergreen Coast Capital Corp., which is a private equity affiliate of Elliott Management Corporation. The deal closed on August 31, 2020.In 2022, GoTo announced the purchase of Mobile Device Management (MDM) company Miradore. History LogMeIn was founded in 2003 in Budapest as 3am Labs, and changed its name in 2006. In 2006, 3am Labs acquir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Infrastructure As A Service
Infrastructure as a service (IaaS) is a cloud computing service model where a cloud services vendor provides computing resources such as storage, network, servers, and virtualization (which emulates computer hardware). This service frees users from maintaining their own data center, but they must install and maintain the operating system and application software. Iaas provides users high-level APIs to control details of underlying network infrastructure such as backup, data partitioning, scaling, security and physical computing resources. Services can be scaled on-demand by the user. According to the Internet Engineering Task Force (IETF), such infrastructure is the most basic cloud-service model. IaaS can be hosted in a public cloud (where users share hardware, storage, and network devices), a private cloud (users do not share resources), or a hybrid cloud (combination of both). Overview The US National Institute of Standards and Technology (NIST) defines infrastructure as a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expertcity
Citrix Online was the name of the online services division of Citrix Systems. Citrix Online sold web-based remote access, support, and collaboration software and services. Its products are GoToAssist, GoToMeeting, GoToMyPC, GoToTraining, GoToWebinar, Podio, and OpenVoice. Citrix Online used the software as a service (SaaS) and application service provider (ASP) software business models. Citrix Online started as "Expertcity, Inc." in 1997 and was acquired by Citrix Systems in 2003, subsequently changing its name to "Citrix Online". Citrix Online was renamed to Citrix's SaaS division in 2014, and Citrix Mobility Apps Business Unit in 2015. In November 2015 Citrix announced it would be spun off into a new standalone company. In July 2016, it was announced that the new company, consisting of the Citrix Online collaboration products (the "GoTo family" of products), would be merged with the business operations of LogMeIn, Inc during the first quarter of 2017. The merger occurred on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thin Client
In computer networking, a thin client, sometimes called slim client or lean client, is a simple (low-Computer performance, performance) computer that has been Program optimization, optimized for Remote desktop, establishing a remote connection with a Server (computing), server-based computing environment. They are sometimes known as ''network computers'', or in their simplest form as ''zero clients''. The server does most of the work, which can include launching software programs, performing calculations, and Data storage, storing data. This contrasts with a rich client or a conventional personal computer; the former is also intended for working in a client–server model but has significant local processing power, while the latter aims to perform its function mostly locally. Thin clients occur as components of a broader computing infrastructure, where many clients share their computations with a server or server farm. The server-side infrastructure uses cloud computing softw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Source Code
In computing, source code, or simply code or source, is a plain text computer program written in a programming language. A programmer writes the human readable source code to control the behavior of a computer. Since a computer, at base, only understands machine code, source code must be Translator (computing), translated before a computer can Execution (computing), execute it. The translation process can be implemented three ways. Source code can be converted into machine code by a compiler or an assembler (computing), assembler. The resulting executable is machine code ready for the computer. Alternatively, source code can be executed without conversion via an interpreter (computing), interpreter. An interpreter loads the source code into memory. It simultaneously translates and executes each statement (computer science), statement. A method that combines compilation and interpretation is to first produce bytecode. Bytecode is an intermediate representation of source code tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
