Get Your Own Businessabc AI Visibility ID
Boost AI visibility, credibility, and discoverability
LogMeIn was founded in 2003 in Budapest as 3am Labs, and changed its name in 2006.3am Labs acquired the Hamachi VPN product.LogMeIn, Inc., completed an initial public offering in 2009. Trading of LogMeIn, Inc., shares on the NASDAQ Global Market commenced on July 1, 2009.In 2011, the company began a move into cloud services for the Internet of things by acquiring Pachube, which would later become the Xively service. In May 2014, it added to this initiative by acquiring Ionia Corp., which specializes in integrating connected objects.LogMeIn, Inc., acquired Bold Software, LLC, in 2012.The company abruptly discontinued LogMeIn Free on January 21, 2014, giving users only a seven-day grace period to migrate to LogMeIn Pro.LogMeIn acquired Meldium for $15 Million in September 2014 and retired the Meldium product offering in July 2017.In July 2016, LogMeIn announced in a merger with Citrix's GoTo products using a Reverse Morris Trust.In February 2018, the company announced the sale of Xively to Google for $50 million. Also in February 2018, the company announced the acquisition of Jive Communications for $342 million.On August 31, 2020, Elliott Management Corporation, by its affiliate Francisco Partners, completed its acquisition of LogMeIn, and LogMeIn's stock delisted from NASDAQ.On February 2, 2022, LogMeIn was rebranded as GoTo, restoring the original brand that ExpertCity created in 1998, before Citrix Systems acquired it in 2004.
