This week Enprise Group is very pleased to announce that the assets of EMS-Cortex (one of the businesses of the Enprise Group) were acquired by global technology leader, Citrix Systems Inc. Citrix has approximately 5,000 staff worldwide and annual revenues exceeding US $1.8 billion.
We are absolutely delighted with the deal and I think this is a very positive development for all stakeholders in EMS-Cortex including customers, staff, management, shareholders and investors.
Citrix has hired all of the staff from EMS-Cortex and intends to continue developing the Cortex Cloud Control Panel from Auckland New Zealand. The business unit will continue to be led locally by former EMS-Cortex General Manager, Colin Williams, who will in turn report directly to Bill Burley, a Citrix Vice President based in Florida, who is the General Manager of the Citrix Cloud App Delivery Group.
The Cortex Cloud Control Panel, which is used by Hosted Service Providers around the world to provision and manage Cloud applications, is now owned by one of the world’s most innovative and respected technology leaders.
Another outcome of this deal is that it will result in Citrix having a bigger presence in New Zealand in the form of a local development arm. I’m optimistic that this will result in a further New Zealand-based jobs and opportunities being created going forward.
It is great to see our investors, who include TMT Ventures and the NZVIF realise a great return on their investment in EMS-Cortex and the Enprise Group. The millions of dollars returned to them through this EMS-Cortex deal will no doubt end up being re-invested back into the New Zealand IT industry, creating further jobs and opportunities for New Zealanders.
I look forward to seeing the EMS-Cortex team and the Cortex Cloud Control Panel go from strength to strength as part of the global Citrix business. For my part, I shall now be focusing my energies on the remaining two great businesses of the Enprise Group; Enprise New Zealand and Enprise Software.
For Citrix’s perspective, refer to the blog of Vice President and General Manager, Citrix Cloud App Delivery Group, Bill Burley.
Enprise Press Release re EMS Cortex and Citrix
NZ Herald, 9th March 2011 – US giant shows the Lovey with buy out
Mark Loveys 