CITRIX SYSTEMS, INC. (NASDAQ:CTXS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On January4, 2017, each of Klaus Oestermann, Senior Vice
President and General Manager, Delivery Networks, and Jesse
Lipson, Corporate Vice President and General Manager of Cloud
Services, of Citrix Systems, Inc. (Citrix), announced and
informed Citrix that he will be leaving the company on March31,
2017.
Item8.01 Other Events.
On January6, 2017, Citrix issued a press release announcing
details relating to the spin-off of its GoTo family of service
offerings and subsequent merger of such business with a
subsidiary of LogMeIn, Inc. (LogMeIn), a copy of which is
attached as Exhibit 99.1 to this Current Report on Form 8-K.
Completion of the spin-off and the merger remain subject to
various closing conditions, including approval of the transaction
by LogMeIns stockholders.
Item9.01 Financial Statements and Exhibits.
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| 99.1 | Press Release, dated January6, 2017 |
About CITRIX SYSTEMS, INC. (NASDAQ:CTXS)
Citrix Systems, Inc. develops and sells products and services that enable delivery of applications and data over public, private or hybrid clouds or networks, to virtually any type of device. The Company operates through two segments: Enterprise and Service Provider, and Mobility Apps. The Company’s Enterprise and Service Provider segment consists of Workspace Services and Delivery Networking products. Its Mobility Apps segment consists of Communications Cloud and Workflow Cloud products. The Company’s solutions offer secure, mobile workspaces that provide people with access to applications, desktops, data and communications, over any network or cloud. It markets and licenses its products directly to customers, over the Web, and through systems integrators (SIs), in addition to indirectly through value-added resellers (VARs), value-added distributors (VADs), original equipment manufacturers (OEMs) and service providers. CITRIX SYSTEMS, INC. (NASDAQ:CTXS) Recent Trading Information
CITRIX SYSTEMS, INC. (NASDAQ:CTXS) closed its last trading session up +0.77 at 91.01 with 1,004,387 shares trading hands.
