Citrix Partners with LG-Nortel to Sell NetScaler in Rapidly Growing Korean Enterprise and Telco Market
LG-Nortel is the Clear Leader in the $60 Million Korean Application Delivery Controller Market
Santa Clara, CA - Citrix Systems, Inc. (NASDAQ: CTXS) today announced a strategic alliance focused on providing application delivery networking solutions to enterprise customers in the Korean market. LG-Nortel, which boasts approximately 40 percent of the application delivery controller (ADC) market in Korea, will now distribute Citrix® NetScaler®, the industry-leading technology that accelerates and secures web applications for thousands of corporate and web customers and is a key component of the company’s virtualization, networking and cloud computing strategy. NetScaler is also the delivery infrastructure of choice for most of the world’s largest consumer websites and cloud providers, touching an estimated 75 percent of all Internet users each day.
LG-Nortel will establish a comprehensive application delivery infrastructure product line-up that will reinforce its domestic communication equipment portfolio. By adding NetScaler, LG-Nortel gains a partner that is stable and committed to the Korean marketplace, where the L4-L7 market size is approximately $60 million per year. The strategic alliance and sole distribution agreement encompasses the entire Citrix® NetScaler® MPX™ hardware product line, as well as the new Citrix® NetScaler® VPX™ virtual appliance portfolio (see “Citrix NetScaler Goes Virtual”). Together, Citrix and LG-Nortel will deliver solutions that meet the broad requirements of the Korean market – a comprehensive set of solutions that span the needs of the small businesses, large enterprises, telecommunications companies and cloud providers.
“LG-Nortel, the leader in the growing communication equipment market in Korea, represents a key, strategic alliance for us,” said Klaus Oestermann, group vice president and general manager, Network and Cloud Product Group, Citrix Systems. “Through this partnership, we will be able to offer a truly valuable networking solution where it is needed most – in the emerging communications and cloud computing market in Korea.”
“With this business partnership, LG-Nortel has significantly expanded its product portfolio and can now offer a variety of secure application delivery networking solutions,” said JD An, vice president, Enterprise Solutions, LG-Nortel. “In doing so, LG-Nortel establishes itself as the global communication equipment provider that consistently offers the most value to customers.”
NetScaler, a key component of an application delivery infrastructure, is an integrated web application delivery controller that functions as an application accelerator through caching and HTTP compression. NetScaler also provides advanced traffic management through Layer 4-7 load balancing and content switching, and includes application security via a web application firewall and SSL VPN. NetScaler further offloads application and web servers to ensure application availability, increased security through SSL, and server consolidation. It reduces the TCO of web application delivery, optimizes the user experience and makes applications run five times better. NetScaler appliances are available in both hardware and virtual versions, for any throughput need-from 10 Mbps to over 18 Gbps.
About Citrix Systems, Inc.
Citrix Systems, Inc. (NASDAQ:CTXS) is a leading provider of virtualization, networking and software-as-a-service (SaaS) technologies for more than 230,000 organizations worldwide. Its Citrix Delivery Center, Citrix Cloud Center (C3) and Citrix Online Services product families radically simplify computing for millions of users, delivering applications as an on-demand service to any user, in any location on any device. Citrix customers include the world’s largest Internet companies, 99 percent of Fortune Global 500 enterprises, and hundreds of thousands of small businesses and prosumers worldwide. Citrix partners with over 10,000 companies worldwide in more than 100 countries. Founded in 1989, annual revenue in 2008 was $1.6 billion.
For Citrix Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. These forward-looking statements do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with products, their development, integration and distribution, product demand and pipeline, customer acceptance of new products, economic and competitive factors, Citrix’s key strategic relationships, acquisition and related integration risks as well as other risks detailed in Citrix’s filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
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