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Technology M&A image Technology M&A » By The Online Investor Staff, updated Thu., Jul. 2, 12:06 PM Recent mergers and acquisitions in the Technology M&A category.

Slide #7. LogMeIn Ionia Corporation

Acquirer: LogMeIn (NASDAQ: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.

LOGM SEC Filing Email Alerts Service


Open the LOGM Page at The Online Investor »

Company Name: 
LogMeIn Inc
Stock buyback: 
LOGM buyback
Website: 
www.LogMeIn.com
Sector: 
Application Software
Number of ETFs Holding LOGM: 
54
Total Market Value Held by ETFs: 
$753.15M
Total Market Capitalization: 
$4.12B
% of Market Cap. Held by ETFs: 
18.28%
 

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

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Hold (2.00 out of 4)
1st percentile
(ranked lower than approx. 99% of all stocks covered)
Based on Zacks ABR data;
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