Categories: StocksTechnology

Citrix Systems, Inc. (NASDAQ:CTXS), Microsoft (MSFT) Enhance Their Partnership

Neha Gupta :Neha Gupta has been in the financial space for over six years now. Gupta earned her MBA degree from Symbiosis Centre of Distance Learning in 2009 and her passion for finance led her to pursue Chartered Financial Analyst (CFA) course. She has successfully completed Level II of her CFA. She is a veteran in article writing, which is depicted in her numerous pieces published on SeekingAlpha, Nextiphonenews, InsiderMonkey, MarketWatch, and Techinsider. Her crisp and eloquent writing finds its best place in Researchcows, where emphasis is given on developing rich content for various websites, products, business plans, trainings, and book writing.

Citrix Systems, Inc. (NASDAQ:CTXS) and Microsoft Corporation (NASDAQ:MSFT) have realized that two is better than one and in the latest move they are drifting closer to each other. Microsoft’s Azure cloud has been selected as the preferred and strategic cloud by Citrix. What will follow is for the two companies to show their mutual customers how to take advantage of their respective tools and solutions for improved production and secure mobility.

Although Citrix Systems, Inc. (NASDAQ:CTXS) and Microsoft have been partners for a long time, leveraging their unique technologies to solve problems for enterprise clients, they want to strengthen that partnership. Microsoft is seeking a breakthrough in enterprise mobility and Citrix is trying to be everything for enterprises in terms of digitizing the workplace. As such, the companies have noticed an opportune time to get closer to each other amid enterprise migration to the cloud.

Cloud and mobile converge

With the growing proliferation of cloud and mobile in enterprise environments, Citrix Systems, Inc. (NASDAQ:CTXS) and Microsoft have seen a need for new integration of their technologies. According to Citrix, it is the market that has been pushing for the integration of the two companies’ solutions targeting corporations. Toward that end, Citrix will be integrating its NetScaler and XenMobile platforms with Microsoft Enterprise Mobility Suite (EMS).

The integration should give their mutual customers greater flexibility in supporting workforce mobility without worrying about the security of their systems. Citrix’s CEO, Kirill Tatarinov, captured it in a statement that their motive is to make people work productively from anywhere and at any time.

Other solutions that Citrix Systems, Inc. (NASDAQ:CTXS) and Microsoft hope to integrate and streamline for their common clients are Skype for Business, Office 365, ShareFile and Citrix Receiver among others.

Microsoft’s hunt for mobile success

It is worth pointing out that Microsoft under Satya Nadella is prioritizing enterprise mobile penetration over consumer market penetration. But under the former CEO, Steve Ballmer, Microsoft tended to lean more toward enterprise smartphone market, but things didn’t work out well, leading the company to write off the expensive acquisition of Nokia Corp (ADR) (NYSE:NOK)’s handsets business.