Friday March 29, 2024 | Last Update: March 29, 2024 EDT
Citrix Systems, Inc., a cloud computing software maker, has announced in a press release that it plans to spin off its GoTo family of products into a separate, publicly traded company. The move will allow Citrix and its GoTo business to enhance their strategic focus and respective competitive positions.
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Activist Investor and eBay’s major shareholder Carl Icahn suggested that the company spin off its PayPal division.
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