Citrix Offloads Cloud Suites – Aims to Refocus on Core Revenue Streams

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Citrix has announced that they have decided to exit the cloud platform market, selling off their CloudPlatform and CloudPortal Business Manager suites to Accelerite.
The move is expected to give Citrix the ability to focus more on its core revenue streams.
Interestingly enough, Citrix has seemingly released another announcement stating that the new versions of XenApp 7.7, XenDesktop 7.7 and Workspace Cloud are now ready to be downloaded from the website.
Accelerite is a division of Persistent Systems. No specifics on the deal were announced, however, these details may surface over the coming weeks. Citrix has noted that they expect the deal to close by March 31st.
Persistent Systems, the parent company of Accelerite, has been on a buying spree of sorts lately. Cloud analysts have noted that Persistent Systems has recently purchased technology from HP, Intel and Openwave.
Persistent Systems has also gained market share in the emerging Internet of Things arena, with its acquisition of Aepona back in October of 2015.
“The addition of CloudPlatform and CloudPortal Business Manager product lines will help round out our portfolio and enables us to offer complete end-to-end life-cycle management for public and private clouds,” says Nara Rajagopalan, CEO of Accelerite.
“Although we see an increase in both the acceptance and adoption of containers in today’s clouds, large gaps still exist in an enterprise’s ability to deploy and manage containers in these environments,” Rajagopalan added.
According to a statement released on the Accelerite website, the company believes that the acquisition of Citrix’s CloudPlatform will enable simplicity and ease-of-use along with its tremendous customer base.
Accelerite goes on to say that CloudPlatform and CloudPortal Business Manager are considered to be a premier platform for enterprises to address the emerging need to help evolve the cloud into its next phase of hyper-convergence.