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Citrix acquired and merged with Tibco for $16.5B

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Re: Citrix acquired and merged with Tibco for $16.5B

#61

Post by mywacaday »

disordinary wrote: post #27
VoodooJuJu wrote: post #19

I 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.

Citrix are pretty ubiquitous in the corporate space. Not as big a deal as they were ten or 15 years ago, but still a huge company that powers a lot of businesses.

Spot on with Citrix not being as big a deal as they once were. 10 years ago any reasonable sized desktop app deployment went through Citrix, now it's migrating to web apps. I struggle to see the long term value proposition in Citrix but my experience is limited to finance and pharma.

Re: Citrix acquired and merged with Tibco for $16.5B

#62

Post by [deleted] »

VoodooJuJu wrote: post #19

I 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.

[deleted]

Re: Citrix acquired and merged with Tibco for $16.5B

#63

Post by newaccount2021 »

timc3 wrote: post #47
chrisseaton wrote: post #42

Earlier quoted context omitted.

If you didn't have a old-style corporate job, how would you encounter Citrix?

Because it is a very well known software company. I have never used Citrix, but to me its as a name the same way as VMWare, SAP, EMC, Salesforce and Intuit is.

No post body was provided.

Re: Citrix acquired and merged with Tibco for $16.5B

#64

Post by newaccount2021 »

jiggawatts wrote: post #24

Feels like the beginning of the end for Citrix. I've deployed their various products since 1999, back in the NT4 Terminal Server edition. I have fond memories of running MS Word on UNIX terminals at university by connecting to Citrix running on NT4 on my home PC. Other students would walk past rows of screens in the computer lab all showing drab black and white fixed-width text editors except for one in the middle wi…

No post body was provided.

Re: Citrix acquired and merged with Tibco for $16.5B

#65

Post by gumby »

joschmo wrote: post #60

Background 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…

Thanks! I was wondering how TIBCO could possibly still be around.

Re: Citrix acquired and merged with Tibco for $16.5B

#66

Post by jmbwell »

Citrix is far less of a company than it was not long ago. It is responsible in no small part for what we know today as remote desktop and VDI, it had all the Goto products, including GoToMeeting, and of course Xen. Many of these products hit the market before people knew what they were for… “why would I want virtual desktops, why would I want virtual meetings…” Some of it was awkward to use, but arguably only because it was such an early entrant. But lately, it has been unraveling, shedding the Goto line and all the related voice and video and collaboration products to LogMeIn… Microsoft now offers most of what Citrix once had exclusive. And now, … well, here we are. No love lost with me, really, but it does seem like a landmark in enterprise computing history.

Re: Citrix acquired and merged with Tibco for $16.5B

#67

Post by Thorentis »

guidedlight wrote: post #52
disordinary wrote: post #27

Earlier quoted context omitted.

Citrix are pretty ubiquitous in the corporate space. Not as big a deal as they were ten or 15 years ago, but still a huge company that powers a lot of businesses.

Citrix originally licensed the technology for the Remote Desktop Protocol (RDP) to Microsoft. RDP was a pared back version of Citrix, and the license terms left Citrix free to sell a with a more fully-featured virtualised desktop product running on top of Windows Server.

Oh wow I had no idea about this. Always thought that RDP was something MS developed and Citrix was a more of an RDP alternative with better centralised management features, OEM integration, etc.

Re: Citrix acquired and merged with Tibco for $16.5B

#68

Post by whydoyoucare »

gumby wrote: post #65
joschmo wrote: post #60

Background 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…

Thanks! I was wondering how TIBCO could possibly still be around.

And I was wondering how Tom Krause heads the combined company (he was leading Broadcom's software arm until a few months ago!)

Re: Citrix acquired and merged with Tibco for $16.5B

#69

Post by pimlottc »

VoodooJuJu wrote: post #19

I 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 vast, and the tech world is no different.

Re: Citrix acquired and merged with Tibco for $16.5B

#70

Post by whydoyoucare »

VoodooJuJu wrote: post #19

I 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.

Wow! I am surprised - I thought Xen hypervisor was a household name at least within the software industry. Looks like not! Haha.
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