Citrix Systems has completed the acquisition of ShareFile, a provider of cloud-based data storage, sharing and collaboration.

ShareFile is a platform to store, sync and share business documents and files, both inside and outside the company.

Citrix expects the personal cloud market to be a multi-billion dollar opportunity by 2015, fuelled by trends such as cloud computing, faster bandwidth, email limitations and the consumerisation of IT.

It says the acquisition of ShareFile adds “follow-me-data” capabilities to its portfolio, allowing business users to access their documents and files from anywhere,  share them across multiple devices and collaborate easily with colleagues.

Citrix wants to make common data services like search, share, sync, secure, authenticate, open and preview available to a wide range of applications, services and use cases through a set of open APIs.

Mark Templeton, President and CEO, Citrix Systems, said “This is a highly strategic acquisition that enables Citrix to deliver all three of the critical components for the personal cloud – collaboration, apps and data – with amazing accessibility and productivity on any device.”