Citrix Acquires Sequoia Software: Giga Collaboration
by Inc. Giga Information Group
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Book Summary Information
Author: Inc. Giga Information GroupEdition: Digital
Audio: English (Published)
Format: Download: PDF
Published: 2001-04-01
ISBN: N/A
Number of pages: 10
Publisher: MarketResearch.com
Summary of Citrix Acquires Sequoia Software: Giga Collaboration
Citrix Systems recently announced its plans to acquire Sequoia Software in a cash deal valued at more than $184 million. This is an important event, becau se it signifies the start of serious consolidation in the enterprise portal software market. In the past Giga analysts had predicted application server and database vendors would acquire many of the smaller "pure-play" portal vendors. Citrix's position in the Windows application server market and its addition of Sequoia's portal products is the first market enactment of this expected trend. Success hinges on Citrix's ability to retain Sequoia's 250 employees and its ability to develop its channel to sell this very different technology. Citrix also risks alienating existing partners and Microsoft, as it moves to compete in the hotly contested portal market. Read this Giga Collaboration to learn about: Citrix Extending Its Reach to the Web Portal Market Consolidation at HandBy Publisher Books
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