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"A Great Day for the Virtualization Market" As Citrix Buys XenSource For $500M

QED of the rising value and power of virtualization
By Jeremy Geelan
Article Rating:
August 16, 2007 07:00 AM EDT
Reads:
 15,281

Just three years after it was founded, XenSource has gotten itself acquired for half a billion dollars by Citrix Systems Inc., demonstrating the rising value and power of virtualization.

Privately held, XenSource recently announced the release of XenEnterprise 4. In a statement yesterday, Citrix said that the acquisition will allow it "to extend its leadership in the broader application delivery infrastructure market by adding key enabling technologies that make the end-to-end computing environment far more flexible, dynamic and responsive to business change."

The acquisition will also strengthen each company’s strong partnership with Microsoft and commitment to the Windows platform. The acquisition is expected to close in the fourth quarter of 2007 subject to the satisfaction of closing conditions.

“Today is a great day for the virtualization market," said Peter Levine (pictured), President & CEO of XenSource, "because customers will now have a strong alternative that is open, proven and backed by one of the most successful end-to-end software infrastructure leaders in the entire industry.”

“This move is not about competing for the five percent of the market that is already being served. It’s about steering into the 90 percent white space that is wide open, both at the server and in new emerging opportunities at the desktop,” Levine added.

Published August 16, 2007 – Reads 15,281
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
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Jeremy Geelan is Sr. Vice-President of SYS-CON Media & Events. He is Conference Chair of the all-new International Cloud Computing Conference & Expo series, of the International Virtualization Conference & Expo series, of AJAXWorld RIA Conference & Expo series, and of the long-running SOAWorld Conference & Expo series. He's founder of Cloud Computing Journal, Web 2.0 Journal, AJAX & RIA Journal and other leading SYS-CON titles. From 2000-6, as first editorial director and then group publisher of SYS-CON Media, he was responsible for the development of all new titles and i-Technology portals for the firm, and regularly represents SYS-CON at conferences and trade shows, speaking to technology audiences both in North America and overseas. He is executive producer and presenter of "Power Panels with Jeremy Geelan" on SYS-CON.TV.

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