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Cloud Software Group
Cloud Software Group is a conglomerate formed by Vista Equity Partners and Evergreen Coast Capital through the merger of Citrix and TIBCO Software. History On January 31, 2022, it was announced that Citrix had been acquired in a $16.5 billion deal by affiliates of Vista Equity Partners and Evergreen Coast Capital. Citrix would merge with TIBCO Software, a Vista portfolio company to form Cloud Software Group (CSG). In July 2022, Citrix announced that Tom Krause (business executive), Tom Krause would succeed Robert Calderoni as CEO following the merger. It was also reported that Citrix would go private as part of the deal. As part of the merger, in September 2022, Citrix announced a $4.55 billion-equivalent cross-border term loan to back its $16.5 billion buyout by Vista Equity and Evergreen Coast Capital. Following the merger, the Citrix Hypervisor product-line was spun-off into a standalone business unit under CSG and rebranded as XenServer. In July 2022, Krause became chief exe ...
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Vista Equity Partners
Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. It is one of the largest private equity firms in the world, managing over $100 billion in assets. Vista Equity Partners has invested in hundreds of technology companies, including Citrix, SentinelOne, and Marketo. The company has offices in several cities, including Austin, Chicago, New York, and San Francisco. History 2000–2009 Vista Equity Partners was founded in 2000 by American businessman Robert F. Smith, who is chairman and CEO. Vista opened its first office in San Francisco in 2000. In November 2008, the company closed a funding round for its first institutional fund with a total of $1.3 billion raised. 2010–2019 In 2010, Brian N. Sheth was promoted to president and awarded the title of co-founder of the firm. He remained in this role until his departure in 2020. In 2011, the company opened an office in Austin, Texas. Ov ...
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Citrix
Citrix Systems, Inc. is an American multinational cloud computing and virtualization technology company that provides server, application and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. Citrix claims that their products are used by over 400,000 clients worldwide, including 99% of the Fortune 100 and 98% of the Fortune 500. In 1989, Citrix was founded in Richardson, Texas, by Ed Iacobucci, who served as chairman until his departure in 2000. The company began by developing remote access products for Microsoft operating systems and licensing source code from Microsoft. Citrix has been partnered with Microsoft throughout its history. By the 1990s, Citrix had become an industry leader in thin client technology, enabling purpose-built devices to access remote servers and resources. The company launched its first initial public offering in 1995 and, with few competitors, experienced significant revenue increases between 1995 an ...
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TIBCO Software
TIBCO Software Inc. is a business unit of Cloud Software Group that provides business intelligence, enterprise software. It has headquarters in Palo Alto and offices in North America, Europe, Asia, the Middle East, Africa and South America. History TIBCO (The Information Bus Company) was founded in 1997 by Vivek Ranadivé as a subsidiary of Reuters Group, Reuters Holdings. Ranadivé originally developed the information bus software at his previous company, Teknekron Software Systems, which he sold to Reuters for $125million in 1994. TIBCO's software allowed companies to receive and respond to information in real time. Later in 1997, the company became one of 13 to partner with Microsoft in the development of push technology. Its software products which primarily served the financial sector helping automation of financial transactions processing during the company's early beginnings, had evolved to be used in energy, semiconductor manufacturing, and other industries, by 1999. Th ...
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CRN (magazine)
''CRN'' is an American computer publication. It was first launched as ''Computer Retail Week'' on June 7, 1982, as a magazine targeted to computer resellers. It soon after was renamed ''Computer Reseller News''. History and profile Originally launched in 1982 and published by CMP Media of Manhasset, New York, United States, ''CRN'' was subsequently purchased by London-based United Business Media (UBM) as part of the $920 million acquisition of CMP. ''Computer Reseller News'' later changed its name to the acronym CRN and is still published today by franchise publishers in a number of other countries including Australia, Denmark, Germany, the Netherlands, India, Poland, Russia, the United Kingdom, and the United States. The Australian ''CRN'' is published by nextmedia, the UK version of ''CRN'' was published by Incisive Media for some years after it acquired VNU Business Publications UK in 2007
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Tom Krause (business Executive)
Tom Krause is an American business executive who was the Fiscal Assistant Secretary of the Treasury until June 6, 2025 and chief executive officer of the Cloud Software Group. Krause's dual positions raised ethics concerns, as his company has contracts with the federal government worth millions. Krause's departure from the U.S. Treasury in 2025 also concluded his involvement with the Department of Government Efficiency. Education Krause earned a B.A. in economics from Princeton University. Career Krause began his career as an investment banking analyst at Robertson Stephens. He later worked at venture capital firm Technology Crossover Ventures for two years before serving as vice president of business development at Techwell for six years. He then founded Krause Consulting Group, where he advised public and private technology companies on financial strategy. In 2016, Krause joined Avago Technologies as vice president of corporate development. Following Avago's merger wit ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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The Register
''The Register'' (often also called El Reg) is a British Technology journalism, technology news website co-founded in 1994 by Mike Magee (journalist), Mike Magee and John Lettice. The online newspaper's Nameplate_(publishing), masthead Logo, sublogo is "''Biting the hand that feeds IT''." The publication's primary focus is information technology news and opinions. Situation Publishing Ltd is the site's publisher. Drew Cullen is an owner and Linus Birtles is the managing director. Andrew Orlowski was the executive editor before leaving the website in May 2019. History ''The Register'' was founded in London as an email newsletter called ''Chip Connection''. In 1998 ''The Register'' became a daily online news source. Magee left in 2001 to start competing publications ''The Inquirer'', and later the ''IT Examiner'' and ''TechEye''. In 2002, ''The Register'' expanded to have a presence in London and San Francisco, creating ''The Register USA'' at theregus.com through a joint ventu ...
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Department Of Government Efficiency
The Department of Government Efficiency (DOGE) is an initiative by the second Trump administration within the federal government of the United States. Its stated objective is to modernize information technology, maximize productivity, and cut excess regulations and spending. It emerged from discussions between Donald Trump and Elon Musk in 2024, and was officially established by executive order on January 20, 2025. Members of DOGE have filled influential roles at federal agencies that granted them enough control of information systems to terminate contracts from agencies targeted by Trump's executive orders, with small businesses bearing the brunt of the cuts. DOGE has facilitated mass layoffs and the dismantling of agencies and government funded organizations. It has also assisted with immigration crackdowns and copied sensitive data from government databases. DOGE's status is unclear. Formerly designated as the U.S. Digital Service, ''USDS'' now abbreviates ''United St ...
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Special Government Employee
In United States federal law, a special government employee (SGE) is an advisor, expert or consultant who is appointed to work with the federal government. The role of special government employees is defined in Title 18 of the United States Code (U.S.C.) § 202. The SGE category was created by Congress in 1962 and was aimed at allowing the federal government to take advantage of outside experts who are employed in the private sector.Charles S. ClarkClinton Email Fracas Raises Question: What Is a 'Special Government Employee?' ''Government Executive'' (September 4, 2015). The Office of Government Ethics has stated that "SGEs were originally conceived as a 'hybrid' class, in recognition of the fact that the simple categories of 'employee' and 'non-employee' are no longer adequate to describe the multiplicity of ways in which modern government gets its work done." Although the SGE term includes the word "employee", some SGEs are not paid (by the federal government) for the services ...
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Fiscal Assistant Secretary Of The Treasury
The Fiscal Assistant Secretary of the Treasury is the highest-ranking career official in the United States Department of the Treasury. History According to statute, the Fiscal Assistant Secretary is appointed by the United States Secretary of the Treasury. The Fiscal Service, which the Fiscal Assistant Secretary heads, includes the Bureau of Government Financial Operations (which since 1984 has been known as the Financial Management Service and the Bureau of the Public Debt. The Fiscal Assistant Secretary is responsible for the following principal functions: *(1) Provides general supervision, policy oversight, management, and coordination of what is now the Bureau of the Fiscal Service. *(2) Oversees the development of policies, programs, and systems for the collection, disbursement, management and security of public monies in the United States and in foreign countries and the related governmentwide accounting and reporting for such funds. *(3) Oversees the development of pol ...
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