Citrix (CTXS) Buys Application Layering Inventor Unidesk

An image of a person looking at financial reports Credit: Shutterstock photo

Citrix SystemsCTXS recently announced that it has acquired Unidesk. Investors should note that the acquiree was the inventor of the famous Windows application packaging and management technology called layering. This technology has gained immense popularity as the best method to separate apps from the underlying operating system. This allows the app to be managed and delivered to any device from an end user computing solution. Most importantly, Unidesk's product has an edge in the field of application compatibility, which is integral in deriving value from any layering solution.

Citrix will be adding the Unidesk technology to its XenApp and XenDesktop products. This is expected to significantly simplify the secure deployment and management of apps and desktops.

Benefit of the Technology

Unidesk provided full-stack layering technology that improves compatibility as it layers the whole Window workspace as modular virtual disks along with the Windows operating system itself (OS layer), and apps (app layers). It also provided a writable persistent layer that captures features like the whole user settings, apps, and data.

Customers of Citrix will be able to use the path breaking technology of Unidesk 4.0. The company believes that the combination with Unidesk will promote growth and development in the field. The company will be selling Unidesk as a separate product to users of VMware Horizon and Microsoft virtual desktop deployment.

We note that the company has outperformed the Zacks categorized Computer Software industry over the past three months. The company gained 9.29% over the past three months while the industry gained only 5.70%.

the company faces competition from other players in the industry like ExaCorporatin EXA , Neonode Inc. NEON and Nuance Communications Inc. NUAN .

Zacks Rank

Citrix carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

Zacks' Top 10 Stocks for 2017

In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?

Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Citrix Systems, Inc. (CTXS): Free Stock Analysis Report

Nuance Communications, Inc. (NUAN): Free Stock Analysis Report

Neonode Inc. (NEON): Free Stock Analysis Report

Exa Corporation (EXA): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.