Citrix Acquires Maker of GoToMyPC in $225M DealBy Carol Ellison | Posted 2003-12-19 Email Print
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Citrix Systems is acquiring Expertcity in a $225 million deal designed to provide an end-to-end access infrastructure offering.Citrix Systems on Thursday announced its acquisition of Expertcity, Inc., the Santa Barbara company that makes GoToMyPC and GoToAssist, in a cash-stock transaction valued at approximately $225 million.
The deal expands Citrix portfolio of offerings to the desktop in what Citrix officials are touting as a move that will allow the company to offer end-to-end access infrastructure solutions. Citrix currently provides server-based solutions, supporting more than 120,000 customers in a market it expects to grow to $8 to 10 billion within the next five years.
GoToMyPC is a popular tool among integrators and IT consultants providing remote support services. It allows trouble-shooters, administrators, and end-users to access remote desktop PCs via an Internet connection. Similarly, GoToAssist allows support technicians to provide online help-desk and call-center assistance, training and customer collaboration remotely via the Web.
GoToAssist, a Web-based software service uses a secure, permission-based scheme to allow trouble-shooters to share users' desktop PC screens.