Citrix Systems, Inc. (CTXS) Tuesday said it closed the acquisition of Netviewer AG, a privately held European Software-as-a-Service or SaaS vendor in collaboration and IT services.
The acquisition is expected to accelerate Citrix Online's global expansion and extend its SaaS leadership in Europe. As announced earlier, Netviewer will become part of Citrix Online, the online services division of Citrix Systems.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.