Story-i (ASX:SRY), formerly Pine Capital Limited, has signed an agreement with Citrix Systems Inc. (NASDAQ:CTXS) to resell Citrix’s enterprise software suite in Indonesia.
Citrix is multinational software company with US$10.5 billion market cap with revenue of $3.14 billion in 2014 that provides server, application and desktop virtualization, networking, software-as-a-service, and cloud computing technologies.
Story-i’s new Enterprise Solution Division will bundle the Citrix enterprise software suite with Apple devices for multinational corporations and small to medium enterprises in Indonesia.
This will deliver revenue from sale and installation of Citrix software as well as recurring revenue from the yearly service and maintenance contracts.
Story-i is an Apple authorised retailer that operates 14 Apple and related stores in Indonesia. It had revenue of $21 million and EBITDA of $1.6 million in calendar year 2014.
News: Story-i to resell Citrix Systems’ enterprise software in Indonesia
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