Citrix bought the enterprise micro application software company Sapho for a not yet disclosed sum.
With the acquisition, CTXS is gaining software technologies that appeal to younger generation demographic workers, who seek simpler software solutions to quickly achieve targeted tasks.
The deal makes strategic sense as Citrix seeks to reignite revenue growth.
https://seekingalpha.com/article/4223962-citrix-systems-acquires-sapho-micro-ap
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Citrix is a product of the past. Many new applications are more updated and modern.
Citrix pays $200M to acquire Sapho, which connects legacy software with ‘micro apps’
https://techcrunch.com/2018/11/15/citrix-pays-200m-to-acquire-sapho-which-connects-legacy-software-with-micro-apps/
Troll!