Citrix Purchases Cloud.com for Estimated $250m
Posted on July 07, 2011 in News tagged with Citrix, Cloud Computing, Cloud.comAccording to their website, Cloud.com is poised to be acquired by Citrix Systems. The actual details of the transaction have not been made public, but TechCrunch indicates the purchase price could be up to $250 million. A move like this further reinforces Citrix's stance on cloud computing solutions and puts them ahead of VMware for cloud solution software offerings. According to the press release, CloudStack will continue to support Citrix XenServer and VMware vSphere. It's also been stated that Citrix is planning on adding support for Microsoft Hyper-V and System Center. As the industry
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