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Tagged With "LogMeIn"

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LogMeIn Enters into Definitive Agreement to be Acquired by Affiliates of Francisco Partners and Evergreen Coast Capital for $86.05 per Share in Cash

Art Post ·
All-Cash Transaction Valued at Approximately $4.3 Billion BOSTON, Dec. 17, 2019 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ: LOGM), a leading provider of cloud-based connectivity, today announced that it has entered into a definitive agreement (or the “Agreement”) to be acquired in a transaction led by affiliates of Francisco Partners, a leading technology-focused global private equity firm, and including Evergreen Coast Capital Corporation (“Evergreen”), the private equity affiliate of...
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LogMeIn Redefines LastPass Business with New Adoption Tool and Families Account for Employees

Art Post ·
BOSTON, June 15, 2021 (GLOBE NEWSWIRE) -- As organizations consider their long-term approach to work, whether full-time remote or a hybrid remote, securing access to company data and applications while maintaining employee productivity is crucial. When 80 percent of breaches are caused by weak and reused passwords, it’s important to ensure they are properly managed. IT admins need a straightforward solution to increase password hygiene, drive greater end user adoption and encourage employees...
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