Vendors That Survived the Recession: 2009 Dire Predictions Revisited
10. Citrix Systems
Demise Prediction Rate: 13%
January 2009 Market Cap: $4.35 billion
December 2009 Market Cap: $7.71 billion
Yes, Citrix is the third wheel in the virtualization market compared with VMware and Microsoft. But Citrix is a strong company that has successfully leveraged its alliances with thin-client manufacturers and built deeper ties with alliance partners to solidify its standing and secure its claim to part of the virtualization fortunes. As virtualization and cloud computing continue to expand, Citrix will become increasingly resistant to acquisition.