Citrix Drives Innovation with the Expansion of R&D Footprint in India
Invests Significantly to Strengthen Global Product Development
Network with an Additional Bangalore Campus
Expects to Add 500 Additional Jobs in India Over the Next 5 Years
BANGALORE, India--(Business Wire)--
Citrix Systems, Inc. (NASDAQ:CTXS), the global leader in
application delivery infrastructure, today reinforced its commitment
to innovation with the addition of a second Research and Development
(R&D) facility in Bangalore, India.
Focusing on enhancing the development and delivery of its
world-class solutions to its customers and partners, Citrix plans to
invest around US $200 million in the new R&D centre over the next 5
years. The state-of-the-art facility will open up more than 500 new
job positions in engineering and will house engineering teams
performing core development across the complete Citrix Delivery
Center(TM) product line.
Based on the full cycle of development work, the new facility
handles all aspects of research including design, coding, functional
testing, documentation, engineering, management and escalation. It
will enhance Citrix's ability to create synergies across its various
product lines by tapping into the growing pool of engineering talent
available in India.
"Citrix is currently undergoing an exciting growth phase, and the
advanced Research and Development is an integral part of our business
strategy. Our India development teams have a great track record in
delivering technology innovations for our customers," said Gordon
Payne, Senior Vice President and General Manager of Delivery Systems
Division, Citrix Systems. "It is only natural for us to continue to
expand our new product development capabilities for the global and
local markets."
Located in the centre of Bangalore city, the new R&D centre offers
a full range of amenities to provide a work-life balance for employees
while maintaining close proximity to their homes. It will focus on
development work for a wide range of products in the areas of
Application Networking, Desktop and Application Virtualization, 3-D
Graphics, Multi-media, and Voice over IP technologies. In addition to
product development, the Research and Development centre will also
provide customers with sales and technical support, as well as offer
market analysis, testing and quality assurance.
"The next wave of technology required for end-to-end application
delivery is extremely innovative, exciting and fast moving. Being part
of this technology revolution is highly coveted and it provides
individuals with an opportunity to broaden skills and accelerate
career development," said Rakesh Singh, Vice President and Managing
Director for Bangalore Research and Development centre at Citrix
Systems. "By offering cross training across different products and
technology groups, Citrix is committed to nurturing and investing in
the next generation of engineering talent in India."
By leveraging the 24-hour development cycle and vast skill sets
available in India, Citrix is able to continue to develop its complete
set of application delivery solutions and support its partners
worldwide around the clock. The new R&D centre in Bangalore is the
latest addition to Citrix's dynamic global network of R&D facilities
in the United States, United Kingdom, Australia and Japan.
About Citrix
Citrix Systems, Inc. (NASDAQ:CTXS) is the global leader and the
most trusted name in application delivery infrastructure. More than
215,000 organizations worldwide rely on Citrix to deliver any
application to users anywhere with the best performance, highest
security and lowest cost. Citrix customers include 100 percent of the
Fortune 100 companies and 99 percent of the Fortune Global 500, as
well as hundreds of thousands of small businesses and prosumers.
Citrix has approximately 8,000 partners in more than 100 countries.
Annual revenue in 2007 was $1.4 billion.
For Citrix 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. Investors are cautioned
that statements in this press release, which are not strictly
historical statements, involve a number of factors that could cause
actual results to differ materially, including risks associated with
the uncertainty in the IT spending environment and the risk of a
downturn in economic conditions generally, revenue growth and
recognition of revenue, products, their development and distribution,
product demand and pipeline, competitive factors, the Company's key
strategic relationships, acquisitions 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.
Citrix(R) and Citrix Delivery Center(TM) are trademarks of Citrix
Systems, Inc. and/or one or more of its subsidiaries, and may be
registered in the U.S. Patent and Trademark Office and in other
countries. All other trademarks and registered trademarks are property
of their respective owners.
Citrix Systems, Inc.
Regina Tan, (65) 6725-5316
regina.tan@citrix.com
or
Lewis PR
Zixin Chai, (65) 6534-7250
zixinc@lewispr.com
Copyright Business Wire 2008
© Thomson Reuters 2009 All rights reserved




