Citrix Systems, Inc.

Headquartered in Fort Lauderdale, Florida, Citrix System Inc. is a multinational software company. It has another headquarters located in Santa Clara, California, and has an employee base of around 8,400 people. The company comprises a clientele of 400,000 companies; almost 98% of the Fortune 500 companies are its customers as of 2020. It serves 100M users from more than 100 countries across the globe. It has 60 operations located in 40 countries like India, the United Kingdom, the United States of America, France, Australia, Japan etc. It offers products and services related to networking, server, application & desktop virtualisation, software as a service, as well as, cloud computing technologies. It has products like Citrix ADC, Citrix SD-WAN, Citrix ShareFile, etc. The company serves six industries, including financial services, retail, government, healthcare, manufacturing and education. Some of the most recognised companies it works with include Autodesk, WorldPay, KEMET, Indiana University, State of Illinois, etc. Some of its famous partners are Google Cloud, Microsoft, Deloitte, Hewlett Packard Enterprise, Upwork, SAP etc. Citrix launched its first-ever IPO (Initial Public Offering) in 1995, and as of 2020, is both a NASDAQ 100 and S&P 500 component. It trades in the NASDAQ stock exchange under the trading symbol CTXS. With a funding of $3 million, Ed Iacobucci, a former IBM developer, founded this company in 1989. Citrix was initially named Citrus but was later changed due to trademark issues. Its first product was an extension of OS/2 called Citrix Multiuser and later the company licensed OS/2's source code from Microsoft. During the late 1990s, it gained popularity and became one of the industry leaders in its respective field. During the 2000s, it acquired companies like Sequoia Software Corp. in 2001, ExpertCity in 2003 and over a dozen companies between 2005-2012. As of 2020, the company has acquired more than 50 significant businesses and companies.