Elemental Gets Citrix Investment, New Board Member

Portland, OR-based Elemental Technologies, a video processing startup, said today it has received a strategic investment from Citrix Systems (NASDAQ: [[ticker:CTXS]]) and has added Kevin O’Hara to its board of directors. O’Hara is the former president and co-founder of Level 3 Communications (NASDAQ: [[ticker:LVLT]]) and the co-founder and executive chairman of Troppus Software. The amount of the Citrix investment was not disclosed, but the virtualization software firm previously has worked with Elemental to deliver high-performance applications like computer-aided design software.

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.