Citrix buys social collaboration cloud company

Citrix to add Podio's social apps approach to collaboration to its portfolio

Tags: Citrix Systems IncorporationMergers and acquisitions
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Citrix buys social collaboration cloud company Podio will become part of Citrix GoTo cloud services portfolio.
By  Mark Sutton Published  April 12, 2012

Citrix has announced the acquisition of collaborative work platform specialist Podio.

Podio is a cloud-based collaboration platform, that takes a social network approach to collaborative work. Podio offers an apps concept, where users can utilise different apps to manage different types of task and collaboration activities.

The service is intended to unify content, traditional business applications and mobile apps along with real-time and asynchronous communications to fit with the more informal, distributed ways of working that are seen today.

Podio will become part of the GoTo cloud services portfolio, which includes GoToMeeting, to become an extension of Citrix existing collaboration business.

“This acquisition represents an exciting new chapter in our collaboration business. Podio extends our ability to provide a simple, secure and ‘works for everyone’ collaborative work platform in this post-PC era,” said Brett Caine, SVP and GM for Citrix Online Services Division.

“The Podio technology is a powerful and innovative solution that is a natural fit with the Citrix portfolio and will help foster amazing innovation in the workplace. We are also excited about having the Podio team as part of our organization. They are an extraordinarily talented and visionary group, who share our passion for improving the way work is done,” he added.

Tommy Ahlers, CEO of Podio commented: “From the start, Podio has been focused on creating an experience that would be more than an online place to talk about work but a platform customers trust to actually help them work as teams to get work done – 24/7. The extraordinary adoption we saw in just one year validates the pent up demand for better ways for teams to collaborate. With a shared vision and culture that is synergistic, Citrix can help us scale to meet demand at a speed that would not be possible otherwise.”

The terms of the acquisition were not disclosed.

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