CEO just needs to aggressively outsource all software development (their leadership page https://www.cloud.com/leadership.html gives some hints) to cut costs and boost bottom-line for two years, so that numbers look nicer in IPO prospect one-two years from now.
Citrix acquired and merged with Tibco for $16.5B
111–120 of 191 posts
Re: Citrix acquired and merged with Tibco for $16.5B
#112Earlier quoted context omitted.
> until it gets foisted on a company like Broadcom or IBM that would be happy to churn out billions in cash from it How does this part work?
My guess is ruthlessly cut costs and gradually degrade remaining customer good will until it's a dessicated corpse.
Re: Citrix acquired and merged with Tibco for $16.5B
#113Re: Citrix acquired and merged with Tibco for $16.5B
#114Background on the deal. TIBCO was acquired by Vista Equity Partners 8 years ago and has been a disaster investment. Growth never picked up despite their investments in product, technology, sales and marketing. As a result, TIBCO was stuck selling better software from acquisitions to their existing customer base. Large cap private equity investors like Thoma Bravo, Silver Lake and Blackstone noticed TIBCO's failures m…
Re: Citrix acquired and merged with Tibco for $16.5B
#115Earlier quoted context omitted.
IBM employee probably...
IBM still uses Lotus Notes??
https://news.ycombinator.com/item?id=27692965
it is actually worse, they probably use a frankenstein mix of Notes, Exchange, Office365, and something else
Re: Citrix acquired and merged with Tibco for $16.5B
#116Earlier quoted context omitted.
IBM still uses Lotus Notes??
Yes, because they could never migrate off of it to a more modern product :))) https://news.ycombinator.com/item?id=27692965 it is actually worse, they probably use a frankenstein mix of Notes, Exchange, Office365, and something else
Re: Citrix acquired and merged with Tibco for $16.5B
#117Re: Citrix acquired and merged with Tibco for $16.5B
#118Earlier quoted context omitted.
The two worst things about going to work are Citrix and the coffee. WFH only fixes one of them.
Throw some crystal reports and a “coffee bag” (as in like the tea bag) for good measure and a dash of Sharepoint and DCOM. Now we are talking. DAO recordsets too (no not DAO as in Ethereum!)
Ever want to use crystal reports to generate scannable paper correspondence for tens of thousands of businesses in a single job? The state of Wisconsin sure did!
Re: Citrix acquired and merged with Tibco for $16.5B
#119Earlier quoted context omitted.
The two worst things about going to work are Citrix and the coffee. WFH only fixes one of them.
Throw some crystal reports and a “coffee bag” (as in like the tea bag) for good measure and a dash of Sharepoint and DCOM. Now we are talking. DAO recordsets too (no not DAO as in Ethereum!)
Anyhow, I was so happy Sharepoint was dropped for OneDrive, a slightly less bad product (and same with Teams/Skype)
Re: Citrix acquired and merged with Tibco for $16.5B
#120I just find it fascinating that I can go through my life and see things like this: "[Company I've never heard of] and [Another company I've never heard of], something something, billions and billions of dollars". And these companies and the people who run them probably have a non-trivial impact on my life, if not directly than indirectly. It's just fascinating.
The world is a really big place. For example, when Okta bought Auth0 last year, that was titanic for my employer (we're in their space). But it barely made a ripple to anyone outside of the auth space. People still confuse Auth0 with OAuth when I give talks! I think about it in other ways too. Look around you. Wherever you are, unless you are in the wilderness, there are 1000s of companies that worked to bring the bu…