
Citrix Startup Accelerator Spurs Mobile and Cloud Innovation at Upcoming DEMO and Synergy Conferences
Citrix Systems today announced upcoming opportunities for global entrepreneurial companies to contribute to the then wave of research for mobile workstyles via the Citrix Startup Accelerator, its Silicon Valley-based seed investment initiative. The IT landscape is in a period of dramatic change, shifting expectations of IT and computing capabilities and providing an possibility for entrepreneurs to contribute their ideas. Startups have always challenged the norms and assumptions in computing and in business. As the exceptions of the PC Era – mobile users, personal devices, and wireless access – become the assumptions of the Cloud Era, staying close to new thinking is important to Citrix as it continues to help shape the future.
Focused on entrepreneur-led research, the Startup Accelerator provides seed investments to select startups from around the world, enabling them to benefit from the global Citrix presence, its entrepreneur-friendly environment, large customer base and seasoned go-to-market strategies to help furthermore their ideas. In the at once two months, the Citrix Startup Accelerator is providing several opportunities at premier Silicon Valley events for entrepreneurs to present their business ideas to potentially secure funding:
The program in 2011
Since launching the program in 2011, Citrix Startup Accelerator has announced investments in 11 innovative companies that are poised to change the face of cloud, mobile, virtualization, networking and collaboration technologies. The program expects to announce several more new investments in 2012 as a result of this year’s application process.
“Citrix is fostering technology research differently than most enterprise companies – by focusing on the early stage entrepreneur and helping them create the future, versus just benefiting its own product portfolio. As a gold sponsor of DEMO Spring 2012, they will not only provide in a class by itself insight to attendees, however also provide a chance for the best of the best to secure additional funding.”
Citrix Systems, Inc. transforms how businesses and IT work and people collaborate in the cloud era. With market-leading cloud, collaboration, networking and virtualization technologies, Citrix powers mobile workstyles and cloud services, making complex enterprise IT simpler and more accessible for 260,000 organizations. Citrix products touch 75 percent of Internet users each day and it partners with more than 10,000 companies in 100 countries. Annual revenue in 2011 was $2.21 billion. Learn more at www.citrix.com.
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 then 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.
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