Linked by Thom Holwerda on Wed 15th Aug 2007 21:36 UTC
Citrix Systems is acquiring XenSource, whose founders helped develop the open-source Xen hypervsior, for USD 500 million in a move that caps a significant week in the development of virtualization technology. The XenSource acquisition, which both companies announced Aug. 15, comes just a day after VMware, which has long been the dominant player in the x86 virtualization market, announced an initial public offering of 33 million shares of stock. By the end of its first day of trading, the company's stock closed at almost USD 51 a share.
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Member since:
2007-08-14
They're not buying Xen. They're buying XenSource.
And it does makes sense,business wise, the latest buzzword being virtual desktop, a market where Citrix is way behind their competitors (VMWare of course but also Microsoft with RDP and their hypervisor).