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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Thu., Mar. 28, 9:17 PM Recent mergers and acquisitions in the Application Software M&A category.

Slide #5. LogMeIn Ionia Corporation

Acquirer: LogMeIn (LOGM)
Acquiree: Ionia Corporation
Details: LogMeIn, Inc. (Nasdaq:LOGM) announced it has acquired Ionia Corporation, a system integrator specializing in connected solutions. The move is part of a larger strategy to accelerate LogMeIn's IoT opportunity by helping early customers of its Xively Cloud Services platform quickly go to market with their connected offerings.

LogMeIn provides a portfolio of cloud-based communication and collaboration, identity and access, and customer engagement and support solutions. Co.'s cloud-based services are categorized into three business units: Unified Communications and Collaboration, which includes GoToConnect, GoToMeeting, GoToRoom, GoToTraining, GoToWebinar, Grasshopper, Jive, join.me and OpenVoice; and Customer Engagement and Support, which includes Bold360, RescueAssist, GoToAssist Corporate and GoToAssist Seeit, and LogMeIn Rescue; and Identity and Access Management, which includes LogMeIn Central, GoToMyPC, LastPass and LogMeIn Pro.

Open the LOGM Page at The Online Investor »

Company Name:  LogMeIn Inc
Stock buyback:  LOGM buyback
Website:  www.LogMeIn.com
Sector:  Application Software
 

Open the LOGM Page at The Online Investor (in a new window) »

March 28, 2024    9:17 PM Eastern
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Hold (2.00 out of 4)
100th percentile
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