LogMeIn
LogMeIn, Inc.
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legal form | Incorporated |
ISIN | US54142L1098 |
founding | 2003 |
Seat | Boston , Massachusetts |
management | William Wagner ( CEO ) |
Number of employees | 2778 (June 2017) |
sales | $ 336 million (2016) |
Branch | software |
Website | www.LogMeInInc.com |
Status: 2016 |
LogMeIn, Inc. is an American software company based in Boston that specializes in remote maintenance services. LogMeIn uses a proprietary SSL encrypted protocol for this.
Around half of sales are generated in the areas of web conferencing and remote maintenance (remote access & remote support).
history
LogMeIn was founded in 2003 under the name 3am Labs in Budapest . In 2006 the name changed to "LogMeIn". In 2007, LogMeIn took over Hamachi , a well-known VPN software.
The company went public on June 30, 2009 .
In 2012 LogMeIn moved from Woburn to Boston, Massachusetts.
In October 2015, the company took over the provider of the password manager LastPass .
In July 2016, LogMeIn announced the acquisition of Citrix's GoTo division for $ 1.8 billion. The company's own Goto division is merged into a Reverse Morris Trust and the new company is then spun off under the name GetGo .
In December 2019, LogMeIn announced a press release that it would be sold to subsidiaries of Francisco Partners and that the acquisition should be completed by mid-2020.
Products
- LogMeIn Pro
- LogMeIn Central
- LogMeIn Rescue
- LogMeIn Hamachi
- LogMeIn backup
- join.me
- RemotelyAnywhere
- Bold360
- LastPass
- GoToAssist
- GoToMeeting
- GoToMyPC
- GoToTraining
- GoToWebinar
- Grasshopper
- Nanorep
Individual evidence
- ↑ Leadership , accessed February 1, 2017
- ^ Form 10-Q LogMeIn . SEC.gov. June 30, 2017.
- ↑ globenewswire.com: LogMeIn Announces Fourth Quarter and Fiscal Year 2016 Results
- ↑ LogMeIn Roadshow Presentation , January 2017
- ↑ LogMeIn IPO sees "1st day pop," closes up 25 percent , Phil Wahba, Reuters , July 1, 2009
- ^ Next public company to move to Boston's Innovation District could be LogMeIn of Woburn , Boston.com from January 4, 2012
- ↑ Andreas Donath: Takeover: Lastpass password manager sold for $ 125 million . In: Golem.de . October 12, 2015 ( golem.de ).
- ↑ Complicated merger: Citrix merges Goto division with LogMeIn , CRN from July 28, 2016
- ↑ LogMeIn Enters into Definitive Agreement to be Acquired by Affiliates of Francisco Partners and Evergreen Coast Capital for $ 86.05 per Share in Cash. Retrieved January 8, 2020 (Canadian English).