| Interview With Michael Cristinziano, Citrix Vice President Of Strategic Development |
| Friday, 01 September 2006 by Michel Roth | |||
|
"Michael Cristinziano, Citrix vice president of strategic development was recruited to join Citrix just over three years ago by CEO Mark Templeton to oversee Citrix's merger and acquisition strategy. The job keeps him very busy; the company has invested more than $600 million in acquisition during his tenure. The recent top purchases have been: • Orbital Data, $50 million, announced August 2006 • Reflectant, $16.7 million, May 2006 • NetScaler, $300 million, June 2005 • Teros, $27.4 million, November 2005 • Net6, $50 million, November 2004 Cristinziano spent most of the 1990s as an investment banker and Wall Street analyst, focusing on telecommunications and networking companies. In the 1980s, he was in engineering, with Bellcore, now Telcordia. Wall Street seems in general to approve of Citrix’s spending plan. In 2002, the company's stock cratered, almost hitting bottom at about $5 per share. Since then, the price has made a long, steady climb, hitting a 5-year high of $45.50 per share in May of this year. It's now dropped down to just over $30, in the wake of the two most recent buyouts. Cristinziano spoke with Network World Senior Editor John Cox about his role, how the acquisitions fit into the company’s so-called “access management vision,” and Citrix’s acquisitions and integration strategy." Read the entire article here.
Show/Hide comment form
 |
|||
