FORT LAUDERDALE, Florida (TheStreet) -- Citrix Systems (CTXS) is a business software and services company that believes it can handle many different products and services all at the same time with pleasing efficiencies.
With 7,000 employees they seem well staffed. They've come a long way in the past 10 years, and have discovered/acquired some uniquely useful desktop and web-based service solutions.
Examples of this are the Citrix XenDesktop, an integrated desktop virtualization system; Citrix XenApp, an application virtualization solution; Citrix AppDNA, an application migration software; Citrix VDI-in-a-Box, a desktop virtualization solution; and Citrix XenClient, a bare-metal hypervisor that runs on the client device hardware.
The company also provides datacenter and cloud solutions, such as Citrix NetScaler, a Web application delivery controller; Citrix Branch Repeater for branch and mobile users; Citrix Access Gateway, an SSL/VPN that delivers applications with policy-based SmartAccess control.They also offer Citrix XenServer, a server virtualization platform; Citrix CloudStack to build cloud computing environments; Citrix CloudGateway, a unified service broker; Citrix CloudBridge, a network solution; and Citrix CloudPortal to automate business and operations support services. Not to be outdone by their competition, Citrix offers software as service products, such as GoToMeeting primarily for online meetings; GoToWebinar for Webinar sessions; GoToTraining to deliver content to trainees. There are Integrated Toll Free Audio to provide an audio and Web experience. Have you heard of their HiDef Corporate that offers audio options with audio conferencing without reservations? Further, the company offers GoToAssist, a remote technical-support solution; GoToManage solution for IT management; GoToMyPC, which offers remote access to PC and Mac from an Internet-connected computer. Another valuable offering is their ShareFile, a data sharing and collaboration product. On top of all those products they offer consulting, technical support, product training and certification services. Insiders own a fairly hefty amount of shares. CEO Mark Templeton owns 254,574 shares as of April 26, 2012. At $76-a-share that equals $19,347,624 worth of invested commitment. Citrix is a company that has repeatedly shown they can grow by acquisition and do it so it becomes accretive to earnings as quickly as possible.
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