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February 15, 2013
12:00 EDTLOGMLogMeln falls 28.1%
LogMeln is down 28.1%, or $6.66, to $17.00
News For LOGM From The Last 14 Days
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September 4, 2014
09:04 EDTLOGMLogMeln acquires Meldium for about $15M cash
LogMeIn announced the acquisition of San Francisco-based Meldium, incorporated as BBA, Inc., a provider of intuitive single-sign-on, or SSO, password management, and identity and access management, or IAM, solutions. The acquisition immediately expands LogMeIn's popular IT portfolio with an elegant SSO offering, while introducing a natural extension of the identity, cloud app, and device management capabilities in its other IT management products. As a result, the deal is expected to build upon and accelerate LogMeIn's strategic initiative of empowering IT professionals to embrace, manage, and secure today's cloud-centric, consumerized, workplace. Under the terms of the transaction, LogMeIn acquired BBA, Inc. for approximately $15M in cash, a portion of which is performance and retention based and is expected to be paid over time.

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