Recurring revenue is rising as its own asset class and one that deserves a new financing model.
The deal will enable Citrix to boost its presence in the collaborate work management space amid the shift to "distributed work."
Software companies that generate recurring revenue effectively dodge the planning and forecasting ambiguities confronting other finance teams.
Videoconferencing system's widespread outage demonstrates the fragility of the remote work and learn models.
Trading had to be halted due to volatility within three minutes of opening.
The full-year forecast fell below “high investor expectations for team collaboration and communication names amidst this [work from home] era.”
The company said it expected the deal to be accretive to 2019 revenue.
Clever private company CFOs can learn from the mistakes, pitfalls, and land mines that tripped up their public company peers last year.
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The $8 billion deal "reaffirms experience management as the groundbreaking new frontier for the technology industry,” SAP's CEO says.
The U.K. software firm had launched an external search for a new CEO but was impressed with Hare's performance as interim COO.
The search software company is going public as the addressable market for Elasticsearch and similar tools has reached $45 billion.
