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...In 2017, Citrix sold its GoTo service business to LogMeIn, a business that was taken over by Elliott’s Evergreen Coast arm and buyout firm Francisco Partners for $4.3bn in August 2020....
...Elliott invested in LogMeIn via Evergreen Coast Capital, a Silicon Valley outpost it created in 2015....
...The deal is expected to close in mid-2020 when LogMeIn will become a privately held company just over a decade after it listed on the Nasdaq....
...Mr Arvai says the start-up scene in Hungary’s capital is beginning to take off, pointing to the success of technology groups such as LogMeIn, a remote working system, and UStream, a video-streaming site....
...LogMeIn and Citrix Online’s GoToMyPC offer similar remote functionality for working on an office PC from home through any web browser....
...IT Business Edge, an online consultancy, for example, points to the business relevance of communications services such as Skype, which will run on both the iPhone and the iPad, and LogMeIn Ignite, an application...
...Emulex said its board was reviewing the offer.The stock market debut of software company LogMeIn became the latest tech IPO to win a strong following on Wall Street, as its shares were reported to have been...
...The first-day pop for software company LogMeIn, which made its debut on Wall Street on Wednesday....
...A second initial public offering in less than a week reinforced optimism about demand for new equity, as shares in LogMeIn, a newly listed software maker, rose 25.1 per cent to $20.02 on its first day of...
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