Sunday, July 17, 2011

Citrix invests in Core Mobile Networks

Citrix Systems has made an investment in Core Mobile Networks, a company that correlates information from enterprise systems with content in the cloud and delivers it to mobile devices.
Santa Clara, Calif.-based Core Mobile will initially target mobile business professionals using the Apple (NASDAQ: AAPL) iPhone and the Google (NASDAQ: GOOG) Android-based smartphone platforms.
Fort Lauderdale-based Citrix (NASDAQ: CTXS) is the largest software company based in South Florida, with $1.87 billion in revenue and $277 million in profit in 2010.
This is the third investment for the Citrix Startup Accelerator, which looks for new technologies and business models that have the potential to enable new capabilities in areas such as virtualization, cloud, mobility, networking, security, storage, collaboration and software as a service. The initiative not only provides seed investments to select startups, but enables them to benefit from the global Citrix presence, its entrepreneur-friendly environment, large customer base and seasoned go-to-market strategies, according to a news release.

Continue Reading Citrix invests in Core Mobile Networks

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