Citrix announced their Q3 2008 results today and, whilst revenue growth is impressive ($399 million compared to $350 million and therefore 14% up on Q3 last year), profits have taken a bit of a hit. It has not gone unnoticed that what previously was a seemingly endless stream of acquisitions has come to a complete stop lately. The last two announcements that I can think of involving 3rd party companies, Sepago and Marathon, have been, in Sepago's case, a technology purchase rather than a full-blown company purchase and, in Marathon's case, an OEM agreement.
This isn't meant as a criticism, quite the contrary. I feel Citrix have enough on their plate for the time being getting the Delivery Centre up and running properly (integration of NetScaler, live release of Workflow Studio, ironing out of XenDesktop imperfections etc.), so adding yet further technologies this year might be pushing the boat out slightly too far. Added to that, after the not inconsiderable investments over the past few years (NetScaler, XenSource et al) a period of consolidation, which I presume we are now in, was certainly to be expected.
Good to see, however, that both Citrix and VMWare are bucking the economic trends and posting pretty solid results, all considered. I certainly have an optimistic outlook for the rest of this year. Full details on Citrix's performance here.
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