BWI: Citrix Expands Presence in India

Press release from Business Wire India
Source: Citrix
Thursday, July 19, 2012 05:30 PM IST (12:00 PM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Information technology; Technology
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Citrix Expands Presence in India
Bigger Facility in Bangalore and R&D Center in Hyderabad Underscore Citrix's Commitment to Expanding Long-Term Capacity

Bangalore, Karnataka, India, Thursday, July 19, 2012 -- (Business Wire India) -- Citrix unveiled a new building on its Bangalore campus and announced its R&D presence in Hyderabad, fortifying its presence in India and enhancing the broader Citrix strategy of powering mobile workstyles and cloud services.

The Bangalore and Hyderabad centers, an integral part of Citrix's globally integrated R&D network located in Australia, Canada, China, Germany, Japan, New Zealand, the UK and the USA, deliver Online Collaboration, Data Sharing, Virtual Desktops, Cloud Networking and Cloud Platform solutions for more than 260,000 customers driven by the need for mobility, the enterprise cloud revolution and the build-out of hosted cloud services. Global R&D investment in 2011 amounted to approximately USD350 million, more than 15% of Citrix's net revenues.

Citrix's R&D initiatives in India are based on a unique and differentiating model of product ownership and life cycle development. In India since 1999, it began its R&D activities in India in 2005 with the acquisition of NetScaler and has become a Top 20 Employer in India with a sales presence in Bangalore, Hyderabad, Mumbai, Pune and New Delhi.

Quotes

David Henshall, Executive Vice President of Operations, Chief Financial Officer and Treasurer, Citrix

"Our investment in India has resulted in significant growth in this emerging market.Citrix is one of industry's most important innovators in the Cloud Era. We are committed to investing in our capacity for long-term growth. The injection of the skills and expertise from India to Citrix's globally integrated R&D network will help extend our differentiation in the marketplace and accelerate our mission to help people live and work better."

Rakesh Singh, Vice President and General Manager, Citrix India

"Over the course of our R&D journey in India,Citrix has successfully leveraged a strong pipeline ofprofessionalsfrom Bangalore.The expansion of our R&D footprint to Hyderabad means that we can now harness a wider talent pool todevelop and deliver mobile and cloud solutions for our customers and partners worldwide."

About Citrix

Citrix (NASDAQ:CTXS) 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.

For 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.

To view the photograph, please click on the link given below:
Lighting of the lamp in new Citrix office by David Henshall Executive Vice President of Operations, Chief Financial Officer and Treasurer of Citrix
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Lighting of the lamp in new Citrix office by David Henshall Executive Vice President of Operations, Chief Financial Officer and Treasurer of Citrix


CONTACT DETAILS
Jeanette Tan, Citrix, (+65) 8139 0076, jeanette.tan@citrix.com
Rajashree Joshi, Text100, +91 96633 30702, rajashree.joshi@text100.co.in

KEYWORDS
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY

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