Citrix 2000 Annual Report Download - page 21

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19
At the time of the acquisition, it was anticipated that there was a growing
need and momentum in the market to develop and run Java client applications.
Since the acquisition, the market has not developed as anticipated. As a result,
the Company has no current plans to further develop this technology.
VDONET
The in−process research and development acquired in the VDOnet acquisition
consisted primarily of one significant research and development project, ICA
Video Services. This project allows video applications and applications
containing video to be viewed on an ICA client, and was targeted for the
server−based computing market. At the date of the acquisition, VDOnet was
shipping a client server video streaming product that was not operational in a
Windows NT or in a MetaFrame environment. VDOnet was in the process of modifying
its software to be operational in a Windows NT environment. In addition, VDOnet
was developing enhancements that would provide for a live camera feed and
multicast, which was intended to direct a video stream to multiple client
devices simultaneously. The Company estimates this project was less than 65%
complete at the date of acquisition. The aggregate value assigned to the
in−process research and development was $2.4 million.
Following the acquisition, the Company continued the process of modifying
the VDOnet software to be operational in a Windows NT environment. Subsequent
development efforts resulted in the VideoFrame 1.0 product, which was shipped in
the third quarter of 1999, but has resulted in few sales to end users. Since the
acquisition, the Company explored alternative uses for the acquired technology.
These uses related primarily to delivering video applications in a server−based
computing environment and video streaming with ICA devices. Currently, the
Company has no plans to further develop this technology.
VIEWSOFT
The in−process research and development acquired in the ViewSoft
acquisition consisted primarily of one significant research and development
project, ViewSoft Internet 4.0. This project enables multi−tier, Web−based
application development and deployment. At the date of the valuation, ViewSoft
was in development with this product. The product was intended to operate in the
multi−tier web application market and was not intended to operate in a MetaFrame
environment. The Company is currently exploring the use of the product for the
development of portal−ware applets.
The Company estimated this project was approximately 85% complete at the
date of acquisition. The aggregate value assigned to in−process research and
development was $2.3 million. The remaining efforts to complete the project
relate primarily to applet development, on−going stress testing and, to a lesser
extent, bug fixes and documentation. The research and development risks
associated with this project relate primarily to potential product limitations
revealed during testing.
19