Denmark's Podio Sold to Citrix Systems
Submitted by Jennifer L. Schenker on April 13, 2012
Podio, a Danish cloud company specializing in an online work platform for collaboration and project management, has been sold to Citrix for an undisclosed amount.
Founded in Copenhagen in 2009 by serial entrepreneur Tommy Ahlers and several others, Podio raised funding from Sunstone Capital in December 2010. Ahlers, the company's CEO, previously co-founded Zyb, which was sold to Vodafone in 2008 for $50 million. Ahlers and the entire Podio team will join Citrix.
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Jennifer L. Schenker has been covering technology outside the U.S for 23 years, most recently for BusinessWeek. She has also worked full-time for the Wall Street Journal Europe, Time Magazine, International Herald Tribune and Red Herring.
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