Davis Polk is advising Qatalyst Partners as financial adviser to Citrix Systems, Inc. in connection with the agreement to separate and combine Citrix’s GoTo business with LogMeIn, Inc. in a Reverse Morris Trust transaction valued at approximately $1.8 billion. The deal is expected to close during the first quarter of 2017 and is subject to approval by LogMeIn’s shareholders, the satisfaction of certain regulatory approvals and other customary closing conditions.

Citrix aims to power a world where people, organizations and things are securely connected and accessible to make the extraordinary possible. Its technology makes the world’s apps and data secure and easy to access, empowering people to work anywhere and at any time. The GoTo family of products delivers collaborative communication solutions for small and medium-sized businesses and has strong global brand recognition through leading products including GoToAssist, GoToMeeting, GoToMyPC, GoToTraining, GoToWebinar, Grasshopper and OpenVoice.

The Davis Polk corporate team includes partner Alan F. Denenberg and associate Tyler P. Pender. All members of the Davis Polk team are based in the Northern California office.

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