Early this week, Citrix (NASDAQ:CTXS), a leader in virtualization with annual revenue of $1.58 billion, announced its plans to acquire VMLogix, a leading provider of virtualization management for private and public clouds. The VMLogix acquisition is expected to close in the third quarter, and Citrix plans to use the technology from VMLogix to extend the Citrix OpenCloud platform and add an intuitive self-service interface to to its popular XenServer virtualization platform. Gartner expects the market for server virtualization management to reach $2 billion in 2014, growing at a compound annual rate of 39.2%. Let’s take a closer look. Mike Vizard of CTO Edge says Citrix is attempting to promote the proprietary approaches to virtual switching and cloud computing management that have been taken by VMware and Cisco. According to Wes Wasson, chief marketing officer for Citrix, as cloud computing continues to rapidly evolve, the need for open standards that promote interoperability is q...
Technology is a passion. Delivering business outcomes is the fun!