Dow Jones Newswires Spotlights Citrix’s Successful Acquisition Strategy
Rapid entry into emerging neighboring markets is cited as a key driver for Citrix’s consistent growth since 2004 and share price increase of 60% over the past year.
7/17/2006 » Dow Jones Newswires, Mark Boslet » Based on a briefing with Citrix CEO Mark Templeton, Dow Jones reported favorably on Citrix’s steady growth over the past two years and the positive effect on share price. Several analysts were quoted in the article. Praising Citrix’s foresight in acquiring complementary technology including Citrix NetScaler, the article stated that the Web traffic accelerator “allowed the mid-cap company to quickly mine markets it wouldn’t have participated in as easily on its own.” Other contributors to Citrix’s success included expanding the sales force, upgrading Citrix Presentation Server and introducing the Citrix Access Suite.
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