Citrix has strategically acquired deviceTRUST GmbH and strong.network SA to enhance its security framework for hybrid work models, enabling better protection and management of applications across cloud and on-premises environments.

Target Information

Citrix, a division of Cloud Software Group Inc., is committed to enhancing security measures in the ever-evolving landscape of hybrid work models. To strengthen its security framework, Citrix has strategically acquired deviceTRUST GmbH and strong.network SA. These acquisitions bolster the security capabilities of the Citrix platform, facilitating the isolation and protection of access to essential applications in both cloud and on-premises environments.

Through these enhancements, Citrix aims to empower organizations with simplified zero-trust access, catering to varied user needs in hybrid application deployments while minimizing vulnerabilities related to data loss.

Industry Overview

The hybrid work model, which has rapidly gained traction since the onset of the global pandemic, presents both opportunities and challenges in terms of security. In regions transitioning to this model, companies face increased risks