Citrix buys Cloud.com to challenge rivals
Citrix Systems Inc, a maker of computer-networking software, agreed to buy startup Cloud.com for an undisclosed price, gaining software that helps businesses shift more computing tasks to data centers. The acquisition will let Citrix customers run cloud-computing software faster and more cheaply, Fort Lauderdale, Florida-based Citrix said on Wednesday. The deal propels Citrix into cloud- infrastr ucture software. The acquisition puts Citrix into closer competition with VMware Inc and Amazon.com, companies with different approaches to cloud computing.
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