Citrix & LogMeIn complete complicated, tax-free sort-of merger
LogMeIn, the makers of the popular remote desktop software as well as IT security and conferencing offerings, will become part of a Citrix subsidiary in the wake of a complicated, $1.8 billion transaction announced Tuesday by the two companies.The transaction is what’s called a Reverse Morris Trust, which apparently allows the untaxed transfer of a subsidiary to new ownership by spinning off a new company and completing a merger. In this case, Citrix has created a wholly-owned subsidiary called GetGo, which owns its GoToMeeting products.+ ALSO ON NETWORK WORLD: Dropbox aims for enterprise with new team and IT admin features | Cisco: Potent ransomware is targeting the enterprise at a scary rate +To read this article in full or to leave a comment, please click here
Cradlepoint merges its wireless tech with Pertino's SD-WAN.
Taking visibility into other people's networks (in a way that's not creepy).
ADC vendors race to the cloud.