Flextronics (FLEX) Expands Partnership With Citrix Systems to Include Joint Design of New Hardware Products
5/28/2010 9:24:01 AM
SINGAPORE, May 27 /PRNewswire-FirstCall/ --Flextronics (Nasdaq: FLEX) today announced that it will expand its existing partnership with Citrix Systems, Inc. to include the joint design of Citrix's next generation hardware for WAN optimization and secure access appliances and primary outsourcing partner. Flextronics has provided manufacturing and logistics solutions to Citrix for more than five years.
"Flextronics' vast global resources support our hardware manufacturing strategy in several important ways, which is to partner with world class hardware engineers to design great, reliable products for our customers. We also have realized financial improvements, one example being the joint implementation of a LEAN kanban supply chain model that has accelerated cash-to-cash cycles for both companies," said Fred Tiso, group director of hardware operations, Citrix Systems. "We could not be more pleased with our Flextronics' partnership and we have complete confidence in the team to support our security appliance manufacturing requirements."
"We are very excited to further build upon our established, collaborative relationship with Citrix and help them to develop and build highly competitive products that fully leverage our end-to-end offering, including Flextronics' optimized supply chain and global footprint," said Michael Clarke, president of Flextronics Infrastructure.
Flextronics provides services to Citrix Systems globally through its locations in California, Canada, the Netherlands and Singapore.
Headquartered in Singapore (Singapore Reg. No. 199002645H), Flextronics is a leading Electronics Manufacturing Services (EMS) provider focused on delivering complete design, engineering and manufacturing services to automotive, computing, consumer, industrial, infrastructure, medical and mobile OEMs. Flextronics helps customers design, build, ship, and service electronics products through a network of facilities in 30 countries on four continents. This global presence provides design and engineering solutions that are combined with core electronics manufacturing and logistics services, and vertically integrated with components technologies, to optimize customer operations by lowering costs and reducing time to market. For more information, please visit www.flextronics.com.