reports
Moody's withdraws Citrix's ratings following merger with TIBCO
Moody's Investors Service ("Moody's") has withdrawn Citrix Systems, Inc.'s ("Citrix") senior unsecured notes and outlook. RATINGS RATIONALE The vast majority of Citrix's debt has been repaid following the company's merger with TIBCO Software Inc. ("TIBCO"). Citrix was acquired by private equity ...
New Study Shows Chief Information Officers Now Have Ultimate Control o...
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- CIOs now control the majority of organizational budgets and are second only to the CEO in terms of shaping and delivering business strategy, research from Citrix®, a business unit of Cloud Software Group, has found. The study was based on interviews with 3,300 business leaders working in large- and mid-market businesses across the globe. Shaping Strategy As companies strive for success against a difficult economic backdrop, they are looking to tech leaders to act as strategic business partners. According to the data: 67% of business leaders say the ...
Wrike Expands Leadership Team With Strategic Hires Focused On Customer...
SAN DIEGO--(BUSINESS WIRE)-- , the most powerful work management platform, today announced the addition of two new members to its executive team, better positioning the company to handle substantial growth over the coming years. The work management category is growing rapidly, as organizations face increasing work complexities while trying to ramp up efficiency and productivity. To broaden market reach and handle the demand, Wrike brings on Thomas Scott as Chief Financial Officer. Scott will be responsible for driving Wrike’s next stage of growth as more businesses turn to the platform to tran...
Hackensack Meridian Health Transforms Patient Care with Citrix®
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Healthcare today is a different game. And is changing it. Using from (NASDAQ: CTXS), the largest integrated delivery network and hospital system in New Jersey has built a modern platform from which employees at the 17 hospitals and 500 patient centers it operates across the state can seamlessly deliver the superior care its patients expect from wherever they happen to be. “Today we work on a hybrid model, and clinicians need tools that empower them to serve patients from any location,” said Mark Eimer, SVP, Associate CIO and CTO, Information Technol...
Luleå University of Technology Transforms Delivery of Education with C...
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Just like work, education today can happen anywhere. And students want the freedom and flexibility to choose where and how they learn best. understands this, and is using solutions from (NASDAQ: CTXS) to tear down the walls of the traditional classroom and deliver a modern experience that empowers its student to learn from anywhere and perform at their best. “Teaching has become space independent,” said Daniel Ström CIO, LTU. “We are a university of technology and we are expected to be at the forefront in using IT to provide a superior educational ex...
Companies Rethink Strategies for Enabling Hybrid Work
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Forced by the pandemic to provide employees with access to the systems and information they needed to work from home, IT organizations around the world turned to traditional technologies like Virtual Private Networks (VPN). And they worked. But as the world moves to hybrid work, 96 percent of IT leaders who participated in a conducted by Gartner Peer Insights on behalf of (NASDAQ: CTXS), say they no longer cut it. And they’re rethinking their approach. A Seismic Change Hybrid models have radically changed where and how work gets done – and even who ...
Wrike Redefines How Teams Manage Work With Custom Item Types
SANTA CLARA, Calif.--(BUSINESS WIRE)-- , the most powerful work management platform, today announced the release of Custom Item Types, a unique core platform capability that enables users to create their own work item types tailored to their team’s specific culture and style. Custom Item Types goes beyond standard tasks and projects to empower teams with an infinite amount of use cases. By combining the power of Wrike’s work graph with Custom Item Types, Wrike is able to define different types of work to support team workflows and keep cross-functional work connected within a single source of ...
City of Corona Modernizes IT with Citrix® to Support Remote Work
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Organizations around the world continue to struggle with whether and how to enable remote work, but the City of Corona isn’t among them. The municipality long before the pandemic forced it to, and has built a powerful digital workspace that provides access to everything its employees need to engage and be productive, wherever they happen to be. On August 4, the City will discuss its journey to remote work and how it is using solutions from (NASDAQ:CTXS) and its partner to accelerate it during an exclusive . The journey began five years ago when the ...
Citrix Among Best Places to Work for Disability Inclusion
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- (NASDAQ:CTXS) today announced that for the third straight year, it has been named to the (DEI). A joint venture of Disability:IN and the (AAPD), the DEI exists to help businesses make a positive impact on the unemployment/underemployment of people with disabilities and is acknowledged as the most robust disability inclusion assessment tool in business. "There is no single best way to practice disability inclusion, however, the companies taking the DEI share the desire to create a workplace that fosters the concept of bringing your whole self to the ...
Citrix Provides Update on Pending Acquisition by Affiliates of Vista E...
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Citrix Systems, Inc. (NASDAQ: CTXS) (“Citrix”) today provided an update on the approval process and timeline for the pending acquisition of Citrix by affiliates of Vista Equity Partners (“Vista”) and Evergreen Coast Capital Corporation (“Evergreen”), an affiliate of Elliott Investment Management L.P. In April 2022, Citrix shareholders voted to approve the pending acquisition pursuant to which Citrix shareholders will receive $104.00 per share in cash. The parties are awaiting receipt of the final regulatory approvals required to complete the transactio...
Nearly 80% of Employees are Working at Cross Purposes to Their Colleag...
SANTA CLARA, Calif.--(BUSINESS WIRE)-- , the most powerful work management platform, today released new findings that uncover the human cost of work complexities brought about by the Digital Era, which has caused a proliferation of synchronous applications and unstructured work. According to the research report commissioned by Wrike, “,” knowledge workers spend 89 working days a year and five days of personal time on wasted work or work that isn’t accounted for, including duplicate work, unproductive meetings, and information tracking. Nearly 80% of knowledge workers surveyed said they work at...
Modern Work Complexities Cost Organizations $60M Annually; Expected to...
SANTA CLARA, Calif.--(BUSINESS WIRE)-- , the most powerful work management platform, today released new findings that uncover the cost of work complexities brought about by the Digital Era and accelerated transformations. According to the research report commissioned by Wrike, “,” up to 55% of the work that takes place within an organization is not visible to key stakeholders, costing organizations up to $60 million a year in wasted time, delayed or canceled projects, and employee churn. This lack of visibility has created the “Dark Matter of Work,” a term coined by Wrike Founder Andrew Filev ...
Marc O’Polo Sews Up Future of Work with Citrix®
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- As one of the world’s premium brands for casual wear, is always thinking ahead and on top of trends. While many companies viewed the shift to remote work as a pandemic-inspired fad, the Stockholm-based fashion label knew better and began designing a digital workspace that would allow its employees to work from anywhere using solutions from (NASDAQ: CTXS). "Our goal is to create conditions under which our 2,000 employees worldwide can develop their full creativity and work together optimally, wherever they happen to be,” said Matthias Holzner, Manager...
Citrix® a Leader in Zero-Trust Network Access
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- When it comes to protecting apps and data in the world of hybrid work, zero-trust network access (ZTNA) is the name of the game. And according to the , (NASDAQ:CTXS), is a Leader and Fast Mover in delivering solutions companies can use to win it. “Virtual private networks (VPNs) have long been the default method of securing remote access,” writes Chris Ray, Security Researcher, GigaOm. “However, VPNs are limited with respect to the level of control they can provide, as they are unable to take into consideration the context in which legitimate users ar...
Unstructured Work Transformed Into Action Items With AI Subtask Creati...
SANTA CLARA, Calif.--(BUSINESS WIRE)-- , the most powerful work management platform, today announced the launch of AI Subtask Creation, a new feature in the ™ suite designed to help teams turn meeting notes and other forms of unstructured work into concise, actionable subtasks. Utilizing artificial intelligence (AI) technology, AI Subtask Creation extracts key action items from user-selected text and turns them into subtasks that can be assigned and distributed into a team’s workflow. “Emails, instant message threads, meeting notes from video calls, and the like create unstructured work that ...
Kingston and Sutton Councils Enable Secure Remote Work with Citrix®
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Work used to be a place people went. Today, it happens everywhere. The understand this, and are leveraging from (NASDAQ: CTXS) to create a simple experience that empowers employees to perform at their best and deliver for the more than 400,000 constituents they serve. “We believe that work is what you do, not where you go and the whole strategy behind our infrastructure has been to enable our people to access all of their services from any device, anywhere,” explained David Grasty, Corporate Head of Digital Strategy & Portfolio for the two councils’...
Citrix® Research Shows Hybrid Work Works
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Whether businesses like it or not, employees like hybrid work. And the model is working. According to , the latest research from (NASDAQ:CTXS), hybrid workers – those who work partly in an office and partly remote – are more productive and engaged than employees who are entirely office-based or fully remote. They also report better wellbeing – both physical and mental – and feel more positive about their organization. “The rules of work have been fundamentally rewritten,” said Traci Palmer, Vice President of People and Organization Capability, Citrix....
Citrix® a Leader in App & API Protection
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Businesses run on apps. And according to the latest , (NASDAQ:CTXS), is a Leader and Fast Mover when it comes to protecting them. “As application architecture has become more complex, the sophistication and volume of attacks have increased independently, causing a litany of issues for IT staff,” notes Don MacVittie, Research Analyst, GigaOm. “The volume of attack data, number of attack vectors, and dispersion of attack activity all make protecting applications harder.” Designed to assist IT organizations in identifying App and API protection solution...
Citrix® Receives Running Remote Flexible Workplace Award
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- While many companies wrangle with whether and how to implement flexible work, (NASDAQ:CTXS) has been recognized as a leader in enabling it. The company today announced that it has been honored for its achievements in building collaborative, diverse, and high-performing workplace environments with a 2022 Running Remote Flexible Workplace Award. "Companies across industries and sizes have shown incredible creativity and endurance while transitioning to a remote work mode during the pandemic, and these awards are designed to recognize their hard work," s...
Citrix® Partners with Microsoft to Bring New Integrations to Windows 3...
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Employees today want to work from anywhere using any device and expect a streamlined, high-definition experience that allows them to perform at their best. And together, (NASDAQ: CTXS) and can deliver it. Citrix announced today it is working with Microsoft on an upcoming offering that combines , robust IT policy control, and ecosystem flexibility with Windows 365, the world’s first Cloud PC, offering IT administrators streamlined Citrix user licensing and employees a seamless switch to Citrix clients through Microsoft Endpoint Manager and windows365.m...
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