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CITRIX SYSTEMS (CTXS)
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Citrix : XenApp and XenDesktop Services Now Available in Oracle Cloud Marketplace

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12/12/2017 | 02:31pm CET

Oracle Cloud Customers Can Access Citrix Cloud Services to Securely Deploy Combined Solutions and Help Customers Transition to the Cloud

To increase business agility without incurring long-term capital costs, companies around the world are embracing cloud services, while seeking secure strategies to make their journey to the cloud. To help business customers tackle these challenges and fully embrace the benefits of flexibility and scale that are possible through cloud services, Citrix, a Gold level member of the Oracle PartnerNetwork (OPN), announced that Citrix Cloud-based XenApp and XenDesktop services are now available in the Oracle Cloud Marketplace.

The ability to access Citrix Cloud services like XenApp and XenDesktop on Oracle Cloud Marketplace enables business customers to provide their workforce with more secure access to critical business apps and data on any device, while taking advantage of the scale, power and reliability of Oracle Cloud Infrastructure (OCI).

“Deploying Citrix on Oracle Cloud gives us greater deployment flexibility for providing our clients with more secure access to Calypso apps and data,” said Corinne Grillet, Chief Customer Officer, Calypso. “In addition to XenApp, we’re able to use NetScaler Gateway, which includes extensive security enhancements and leverages the adaptability and scalability of Oracle Cloud.”

Oracle Cloud Marketplace is a one-stop shop for Oracle customers seeking trusted business applications and service providers offering unique business solutions, including ones that extend Oracle Cloud Applications. Oracle Cloud delivers enterprise-grade services at every level of the cloud technology stack including software as a service (SaaS), platform as a service (PaaS), infrastructure as a service (IaaS), and data as a service (DaaS).

“Customers counting on Citrix to deliver their most critical applications, desktops and data can now leverage the power, scale and reliability of Oracle Cloud Infrastructure,” said David Hicks, vice president, Worldwide ISV, OEM and Java Business Development, Oracle. “Available on Oracle Cloud, the simplicity of these services managed through Citrix Cloud can drive tremendous business value for customers who depend on both Oracle and Citrix.”

“For Oracle customers, deploying Citrix Cloud provides greater agility in securely delivering applications and desktops as part of a hybrid cloud strategy,” said Steve Wilson, vice president for Cloud and IoT, Citrix. “Citrix participation in Oracle Cloud Marketplace further extends our commitment to the Oracle community and enables customers to easily reap the benefits of Citrix Cloud services like XenApp and XenDesktop. We see great potential for Oracle customers who use the power of Oracle Cloud to help us achieve our business goals.”

Oracle Cloud Marketplace offers an intuitive user interface to browse and search for available applications and services, as well as user ratings and reviews to help customers determine the best business solutions for their organization. With its new automated application installation features, customers can easily deploy provider business applications from a centralized cloud interface.

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About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle's partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.

About Citrix

Citrix (NASDAQ:CTXS) aims to power a world where people, organizations and things are securely connected and accessible to make the extraordinary possible. We help customers reimagine the future of work by providing the most comprehensive secure digital workspace that unifies the apps, data and services people need to be productive, and simplifies IT’s ability to adopt and manage complex cloud environments. Citrix solutions are in use by more than 400,000 organizations including 99 percent of the Fortune 100 and 98 percent of the Fortune 500.

For Citrix Investors

This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. The development, release and timing of any features or functionality described for our products remains at our sole discretion and is subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract.

© 2017 Citrix Systems, Inc. All rights reserved. Citrix, Citrix Cloud, XenApp and XenDesktop are trademarks of Citrix Systems, Inc. and/or one or more of its subsidiaries, and may be registered in the U.S. Patent and Trademark Office and in other countries. All other trademarks and registered trademarks are property of their respective owners.


© Business Wire 2017
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Financials ($)
Sales 2017 2 824 M
EBIT 2017 876 M
Net income 2017 473 M
Finance 2017 1 256 M
Yield 2017 -
P/E ratio 2017 28,77
P/E ratio 2018 26,40
EV / Sales 2017 4,20x
EV / Sales 2018 4,01x
Capitalization 13 112 M
Chart CITRIX SYSTEMS
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Citrix Systems Technical Analysis Chart | CTXS | US1773761002 | 4-Traders
Technical analysis trends CITRIX SYSTEMS
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 86,7 $
Spread / Average Target -0,41%
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Managers
NameTitle
David James Henshall President, Chief Executive Officer & Director
Robert M. Calderoni Executive Chairman
Mark M. Coyle Chief Financial Officer & Senior Vice President
Godfrey R. Sullivan Lead Independent Director
Murray J. Demo Independent Director
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