Citrix parent mulls selling ShareFile amid streamlining efforts – Computerworld

Second, the sector has undergone major transformations with each technological shift, impacting leadership, IPOs, exits, mergers, and acquisitions. The evolution from the first wave of on-premises client-server architecture to the second wave of real-time cloud sync, and now to an emerging third wave driven by AI and automation with real-time intelligent collaboration, has reshaped the landscape and increased competition, said Shah.

Microsoft has been rapidly expanding its enterprise offerings with cloud services (Azure), AI tools (CoPilot), productivity tools (Office 365), and file management solutions (OneDrive, SharePoint), enabling unprecedented real-time collaboration.

“So, companies like ShareFile that are heavily dependent on or integrated with partners such as Microsoft, face increasing competition,” Shah added. “ShareFile despite being one of the industry-leading solutions for more than a decade, the parent company is forced to evaluate ShareFile’s strategic future capabilities, positioning, and value vs a formidable competition, and now would be a good time to spinoff and profit from the business when it is at peak.”


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