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Elliott And Vista Nearing A Deal to Buy Citrix Systems: What Investors Need To Know
Sunday, January 30, 2022 - 5:23pm | 245Read More...Elliott Management Corp and Vista Equity Partners are nearing a deal to pay about $104 per share for Cloud-computing company Citrix Systems, Inc. (NASDAQ: CTXS). At $104 per share, the deal would value the company’s equity at about $13 billion According to people familiar with the matter, no...
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Technology Trends To Keep On Your Radar In The Second Half Of 2021
Monday, July 12, 2021 - 1:53pm | 994Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The year 2020 was nothing short of an interesting one. The COVID-19 pandemic has meant that we rely on technology more than ever before to...
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European Banks Driving Bitcoin Boom As Brace Against Future Ransomware Attacks
Wednesday, June 7, 2017 - 2:41pm | 451Read More...European banks are stockpiling bitcoin as a hedge against ransomware attack, driving the virtual currency up 200 percent this year, The Street’s Jim Cramer said, quoting a panel talk with the CEO of Citrix Systems, Inc. (NASDAQ: CTXS). “Bitcoin is what the bad guys demand you pay if you...
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Citrix And LogMeIn Merger Attracts Analysts' Attention
Thursday, July 28, 2016 - 9:28am | 307Read More...Shares of LogMeIn Inc (NASDAQ: LOGM), a provider of cloud-based service offerings that allow businesses and individuals to connect to their workplace, surged higher by nearly 20 percent on Wednesday after the company announced a merger agreement with Citrix Systems, Inc. (NASDAQ: CTXS) Related...
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Citrix Appoints Ex-Microsoft Exec As CEO
Thursday, January 21, 2016 - 9:17am | 199Read More...Citrix Systems, Inc. (NASDAQ: CTXS) announced on Wednesday that Kirill Tatarinov has been appointed as President and CEO of the company, effective January 25. Tatarinov will replace Robert Calderoni who has been service as Interim President and CEO since October 2015. Calderoni will resume his...
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Markets Marginally Lower Ahead Of Earnings Season
Monday, July 7, 2014 - 4:37pm | 1929Read More...U.S. stocks were slightly lower as investors digested a report by Goldman Sachs speculating that the Fed Funds rate may be increased in the third quarter of 2015, earlier than expected. Earnings season unofficially kicks off this week with Alcoa (NYSE: AA) reporting on Tuesday. Many Dow...
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Should IBM Or Hewlett-Packard Acquire Rackspace?
Wednesday, May 21, 2014 - 10:13am | 389Read More...Rackspace (NYSE: RAX) became an intriguing tech stock after the company announced that it had hired Morgan Stanley to evaluate its strategic alternatives. No one knows if a merger will actually occur. And if it does, the buyer is still a question mark, as there are many possible suitors. Ivan...
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Microsoft Mohoro 'Desktop As A Service' Gets Public Release
Tuesday, May 13, 2014 - 11:19am | 680Read More...Microsoft (NASDAQ: MSFT), continuing to see “the writing on the wall” released its Mohoro Desktop as a Service (DaaS) Monday. Known officially as Azure RemoteApp, the service allows users to run Windows Server applications on a variety of devices. The remote desktop client that accompanies...
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Race to the Cloud, But Do Citrix, Podio Have it All Wrong?
Friday, April 20, 2012 - 10:36am | 405Read More...The cloud obsession continues to skyrocket. But is it too much, too soon? You can't go a day without hearing something about the cloud: new startups, new cloud-based services, new rounds of funding to support these ventures, etc. In the last 10 days, Citrix (NASDAQ: CTXS) announced that it would...
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UPDATE: Jefferies Color on Citrix Downgrade, PT Increase
Tuesday, June 7, 2011 - 7:35am | 99Read More...Jefferies, which downgraded shares of Citrix while raising its PT, is providing some color on the stock. “We are downgrading shares of Citrix (NASDAQ: CTXS) to Underweight from Neutral because we believe current valuations assume overly optimistic market adoption rates of desktop virtualization...
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Highlights From DB Tech Conference
Friday, September 17, 2010 - 8:09am | 286Read More...Seven companies were hosted at Deutsche Bank's 2010 Technology Conference, including Checkpoint (NYSE: CKP), CA Technologies (NASDAQ: CA), Fortinet (NASDAQ: FTNT), Dolby (NYSE: DLB), Websense (NASDAQ: WBSN), DTS (NASDAQ: DTSI), and Microsoft (NASDAQ: MSFT). News and data points included: Microsoft...
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Citrix Systems Seeing VDI Momentum Accelerating
Tuesday, September 7, 2010 - 8:52am | 83Read More...Citrix Systems, Inc. (NASDAQ: CTXS) is beleived by Deutsche Bank to have a competitive position in the VDI space, and virtual desktop adoption is gaining momentum as Citrix continues its leadership in this space. FY2011 estimates change to $2073/$2.25 (from $2055/$2.23) and for FY2012 to $2311/$2....
