Citrix announces strategic partnership with Zettics Citrix today announced the establishment of a strategic partnership with Zettics. The agreement between the two companies will enable Citrix to leverage Zettics’ analytics capabilities to enhance the ByteMobile portfolio of traffic management and analytics solutions for mobile network operators. The agreement is expected to result in new product offerings during 1H14.
Citrix reports restructuring program affecting 700 f/t, 200 p/t workers Citrix announced the implementation of a restructuring program designed to increase strategic focus and operational efficiency. The restructuring will affect approximately 700 full-time and 200 contractor positions, and is expected to result in annualized pre-tax savings in the range of approximately $90M-$100M. Citrix expects to incur pre-tax charges in the range of approximately $40M-$45M related to employee severance arrangements and $9M-$10M related to the consolidation of leased facilities during FY15.