Citrix acquired Sapho, a startup which connects legacy software with micro-applications, for $200 million in an all-cash deal. The purchase is meant to enhance its digital workspace platform.
Sapho was founded in 2014 and had raised $27.9 million in funding over five rounds. It is headquartered in San Bruno, California. Its 90 employees from its headquarters and an office in the Czech Republic will join Citrix. The company launched its Sapho micro-app platform in 2016. The platform consolidated access to tools, activities, and tasks in a unified work feed.
Sapho develops micro-applications built for collaboration tools, such as Slack and Microsoft teams, which use pre-defined APIs to call upon over 50 software-as-a-service (SaaS) products. These include Salesforce, Workday, Concur, ServiceNow, Outlook, and Google Drive. It taps into these SaaS products and provides them data from sales software, support tickets, tasks, expense reporting, and more.
The benefit of Sapho technology is that enterprises can automatically pull personalized and relevant tasks from existing systems and deliver them to any device, intranet, or collaboration tool. These micro-apps work on smartphones and personal computers.
This technology will be integrated with Citrix Workspace. The Workspace platform enables organizations to integrate and manage their apps, desktops, data, and devices. This gives employees secure and contextual access to the relevant systems and tools.
In integrating Sapho and Citrix Workspace, specifically, Sapho’s micro-applications will help to provide actionable notifications to employees and improve the overall efficiency of Workspace.
According to Citrix, there was a lot of customer overlap between the two firms that initiated the purchase, and that ahead of the deal some of these customers were asking for integrations between Citrix and Sapho.
Citrix, this year, increased its focus on the cloud and networking areas of business, as well as growing its new subscription the model. In February the company said not only was there an increased focus on Citrix Cloud, due to the growth of hybrid cloud, but also noted that networking was driven by the enterprise segment. It pointed to the easy integration across its Workspace accounts as one of the strong points of its networking segment.