Acquisitions
In 2003, Citrix Systems acquired Expertcity, then a major player in web-based desktop access, in a transaction valued at approximately $225 million in cash and stock. Expertcity became the Citrix Online division of Citrix and retained many of the key developers of the original company.
At the time of the acquisition, Expertcity was developing GoToMeeting, a product that uses the remote desktop engine to allow multiple users to view and control a single desktop, enabling both collaborative support and collaborative presentations. In 2006, Citrix Online adapted GoToMeeting to support the growing market for web-based training and web-based seminars. The resulting GoToWebinar product and the GoToTraining product that launched in 2010 allow hundreds of attendees to view a single screen and join in a phone conference.
In 2008, Citrix acquired Vapps, Inc., an audio conferencing provider, and created Citrix Online Audio, LLC. Shortly after, they released HiDef Corporate,a flat-rate, hosted audio conferencing service.
In 2010, Citrix acquired Paglo Labs and released GoToManage, an IT management and support tool. GoToManage became part of GoToAssist in 2012.
In 2012, Citrix acquired Podio, a collaborative work platform for cloud collaboration.
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