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Citrix Online buys Netviewer for web conferencing

Citrix has finalised its acquisition of German web conferencing specialist Netviewer, which numbers Bayer, BMW, SAP, Siemens, Deutsche Post, Deutsche Telekom and Swisscom among its 18,000 customers.

Citrix has finalised its acquisition of German web conferencing specialist Netviewer, which numbers Bayer, BMW,...

SAP, Siemens, Deutsche Post, Deutsche Telekom and Swisscom among its 18,000 customers.

Netviewer will become part of Citrix Online, the online services division of Citrix Systems.

The acquisition is expected to hasten Citrix Online's global expansion and increase its penetration of the European SaaS (software as a service) market.

Netviewer's CFO Robert Gratzl was appointed general manager for Citrix Online in EMEA (Europe, Middle East and Africa).

Since starting in 2001, the company has grown to 220 staff, with most customers in Germany and continental Europe. This will complement Citrix Online's strength in the UK, Ireland and the Nordics, Citrix said in a statement.

Netviewer enables internet users to share their screen display live, allowing them jointly to edit texts, do calculations, create graphics and other documents.

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