Roger Roberts was appointed the CEO of Citrix in 1990. This was due in part to Microsoft declaring in 1991 that they were not going to support OS/2 anymore. Citrix hoped to capture part of the UNIX market by making it easy to deploy text-based OS/2 applications. Citrix licensed the OS/2 source code from Microsoft, bypassing IBM. The company's first product was Citrix MULTIUSER, which was based on OS/2. Iacobucci was offered a job at Microsoft as chief technical officer of its networking group but turned it down to start his own company. IBM was not interested in this idea so Iacobucci left. Iacobucci's vision was to build OS/2 with multi-user support. Many of the original founding members had participated in the IBM OS/2 project. The Citrix name is a portmanteau of Citrus and UNIX. Ĭitrix was originally named Citrus but changed its name after an existing company claimed trademark rights. Iacobucci quickly moved the company to Coral Springs, Florida since he lived there when he had worked at IBM. Citrix was founded in 1989 by former IBM developer Ed Iacobucci in Richardson, Texas with $3 million in funding.
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