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Citrix to buy Netviewer |
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Citrix Systems has said that it will acquire Netviewer AG, a privately held European Software-as-a-Service (SaaS) vendor in collaboration and IT services, which will evenutally become part of its online services division and will enable the extension of its SaaS leadership in Europe.  Citrix said the acquisition would speed up its growth in Europe by combining two complementary market leaders with a shared vision for virtual workstyles, innovation and delivering an excellent customer experience. Netviewer has customers in countries across Europe, including the UK, France, Germany, Switzerland, Austria, Benelux, the Nordics, Italy and Spain. Citrix cited market research and its “local operating experience” in foretelling continued and rapid growth in demand for collaboration and IT services in Europe, and the acquisition being an enabler for the company to expand its presence rapidly across Europe just as demand surges.Netviewer has an installed base of over 18,000 customers, including global blue chip companies and small-and-medium sized enterprises (SMEs). Citrix said its product strategy and approach to customer success is similar to Citrix Online's "simpler is better," customer-centric products and services. The transaction is expected to close in early 2011, subject to the satisfaction of closing conditions. Upon closing, Robert Gratzl, Netviewer's board spokesperson will be vice president and general manager for Citrix Online in EMEA (Europe, Middle East and Africa), while Netviewer's Karlsruhe office will remain an important center for Citrix Online's operations in the region. |
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