UK Citrix users punished for weak dollar

Citrix Systems will raise prices across all of its product lines by 10 percent worldwide except for the US.

The reflects increasing business costs caused by the lower US dollar, the company said today (18 August).

The increase is effective from 1 September and applies to its authorised distributors, who will then set end-user pricing according to the market, a company spokeswoman said.

"Citrix resellers determine the price at which they sell to their customers based on their purchase price from distributors, their business model and the overall scope of each solution," the spokeswoman said.

Citrix sells virtualisation, thin-client and application delivery infrastructure products.

Citrix's pricing is based on the dollar, which has steadily declined in buying power over the last few years against the euro and British pound.

"The increase is a result of the rising costs of doing business globally, based upon the inflation of various currencies in comparison to the US dollar, upon which Citrix pricing is based," according to a company statement.

The price increase comes as technology spending is expected to slow down amid as the world economy weathers a slow down in the US economy and a tightening of credit by banks.