Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $56.05 USD
Change Today +0.73 / 1.32%
Volume 167.3K
LOGM On Other Exchanges
As of 8:10 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

logmein inc (LOGM) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/25/15 - $58.16
52 Week Low
04/28/14 - $37.06
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for LOGMEIN INC (LOGM)

logmein inc (LOGM) Related Businessweek News

No Related Businessweek News Found

logmein inc (LOGM) Details

LogMeIn, Inc. provides cloud-based services for individuals and businesses to securely connect to their workplace, colleagues, and customers. It offers services, such as, pro, and enterprise that are browser-based online meetings and screen sharing services; Cubby Basic, Cubby Pro, and Cubby Enterprise that are cloud-based file syncing, storage, and sharing services; and LogMeIn Pro, a remote access service. The company also provides support services comprising LogMeIn Rescue and LogMeIn Rescue+Mobile, which are Web-based remote support and customer care services offering remote support via the Internet; and BoldChat, a Web-based live chat service that helps customer service staff to directly engage and provide assistance to visitors to their organization’s Website. In addition, it offers IT management services, such as LogMeIn Central, a Web-based management console; Meldium, a password and identity management product to manage, store, and share login credentials; and AppGuru, an application management product, as well as connected products comprising Xively, a platform as a service, which provides the infrastructure, such as Internet-connected products, applications, and customer services to help businesses. Further, the company provides RemotelyAnywhere, a LAN-based systems administration product used to manage personal computers and servers from within the IT system of an enterprise; LogMeIn Backup, a service that subscribers install on two or more computers to create a backup network; LogMeIn Hamachi, a hosted virtual private network service; and LogMeIn for iOS services. It serves SMBs, IT service providers, mobile carriers, customer service centers, original equipment manufacturers, and consumers. The company was formerly known as 3am Labs, Inc. and changed its name to LogMeIn, Inc. in March 2006. LogMeIn, Inc. was founded in 2003 and is headquartered in Boston, Massachusetts.

804 Employees
Last Reported Date: 02/20/15
Founded in 2003

logmein inc (LOGM) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $371.0K
President and Chief Operating Officer
Total Annual Compensation: $262.3K
Senior Vice President and General Counsel
Total Annual Compensation: $237.0K
Senior Vice President of Sales
Total Annual Compensation: $201.0K
Compensation as of Fiscal Year 2013.

logmein inc (LOGM) Key Developments

LogMeIn, Inc. Presents at Piper Jaffray Technology, Media and Telecommunications Conference 2015, Mar-10-2015 11:00 AM

LogMeIn, Inc. Presents at Piper Jaffray Technology, Media and Telecommunications Conference 2015, Mar-10-2015 11:00 AM. Venue: Le Parker Meridien, 119 West 56th Street, New York, NY 10019, United States. Speakers: William R. Wagner, President and Chief Operating Officer.

LogMeIn Opens Newly Extended EMEA Headquarters in Dublin

LogMeIn officially opened the company's newly extended EMEA headquarters in Dublin. LogMeIn is opening the additional space with the expectation of tripling its workforce, with the creation of 90 new jobs in the next three years. The new expansion is designed to help accommodate for both the acceleration of hiring and a tripling of its current Dublin workforce to 135 staff - creating 90 new jobs. The new positions will span technical roles, sales, marketing, finance, HR and IT, many of which are actively open.

LogMeIn, Inc. and LogMein Ireland Holding Company Limited Enter into Multi-Currency Credit Agreement with Syndicate of Banks

On February 18, 2015, LogMeIn, Inc. entered into a multi-currency credit agreement with a syndicate of banks for which JPMorgan Chase Bank, N.A. acted as Administrative Agent and J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, acted as Joint Bookrunners, with J.P. Morgan Securities LLC acting as the Sole Lead Arranger. The credit agreement provides the company with access to a secured revolving credit facility of up to $100 million in the aggregate. The facility may be increased by an additional $50 million subject to further commitment from the lenders or additional lenders. The currencies that are currently available for borrowing under the Facility are U.S Dollars, Euros, and Pound Sterling. Additional currencies may be added with the approval of all Lenders under the facility. The maximum amount of borrowings in currencies other than U.S. Dollars is $25,000,000. The facility also has a $10 million sub-limit for the issuance of letters of credit. The company and its subsidiaries expect to use the Facility for general corporate purposes, including, but not limited to, the potential acquisition of complementary products or businesses, share repurchases, as well as for working capital. Interest rates for U.S. Dollar loans under the Facility are determined, at the option of the company, by reference to a Eurodollar rate or a base rate, and range from 1.50% to 2.00% above the Eurodollar rate for Eurodollar-based borrowings or from 0.50% to 1.00% above the defined base rate for base rate borrowings, in each case based upon the Company's total leverage ratio. Interest rates for loans in currencies other than U.S. Dollars range from 1.50% to 2.00% above the respective London interbank offered interest rates for those currencies, also based on the Company's total leverage ratio. The quarterly commitment fee on the undrawn portion of the Facility ranges from 0.20% to 0.30% per annum, based upon the company's total leverage ratio. At the time of the closing of the facility, the applicable interest rates and the commitment fee were at the lowest rate in each range. The facility is available to the company on a revolving basis during the period commencing on February 18, 2015 through February 18, 2020, meaning that revolving loans under the facility may be borrowed, re-paid and re-borrowed until February 18, 2020, at which time all amounts outstanding must be repaid. Accrued interest on the loans is payable quarterly in arrears with respect to base rate loans and at the end of each applicable interest rate period with respect to Eurodollar rate loans. The company may prepay the loans or terminate or reduce the commitments in whole or in part at any time, without premium or penalty, subject to certain conditions and costs in the case of Eurodollar rate loans. The company and its wholly owned subsidiary LogMeIn Ireland Holding Company Limited are both named as borrowers under the facility. The obligations of the company under the Facility are guaranteed by the company's material U.S. subsidiaries and the obligations of LogMeIn Ireland are guaranteed by the company, the company's material U.S. subsidiaries and the material first tier subsidiaries of LogMeIn Ireland. The obligations of the company, LogMeIn Ireland and each of the guarantors are secured by substantially all of their assets, including a pledge of as 100% of the capital stock of the company's existing and future U.S. subsidiaries and 65% of the capital stock of the first-tier non-U.S. subsidiaries of the company and LogMeIn Ireland. The credit agreement contains customary affirmative and negative covenants, including covenants that limit or restrict the company and its subsidiaries' ability to, among other things, incur indebtedness, grant liens, merge or consolidate, dispose of assets, change the nature of its business, make investments and acquisitions, pay dividends or make distributions, or enter into certain transactions with affiliates, in each case subject to customary and other exceptions for a credit facility of this size and type, each as further described in the credit agreement. The Credit Agreement also includes events of default that include, among other things, non-payment defaults, inaccuracy of representations and warranties, covenant defaults, cross default to material indebtedness, bankruptcy and insolvency defaults, material judgment defaults, ERISA defaults and a change of control default. The occurrence of an event of default could result in the acceleration of the obligations under the credit agreement. Under certain circumstances, a default interest rate will apply on all unpaid and overdue amounts under the credit agreement at a per annum rate equal to 2.00% above the applicable interest rate or 2.00% above the defined base rate.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LOGM:US $56.05 USD +0.73

LOGM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Box Inc $18.30 USD +0.76
Constant Contact Inc $38.78 USD +0.52
LivePerson Inc $10.76 USD -0.15
Ruckus Wireless Inc $12.29 USD +0.12
Zendesk Inc $22.22 USD -0.20
View Industry Companies

Industry Analysis


Industry Average

Valuation LOGM Industry Range
Price/Earnings 100.0x
Price/Sales 6.1x
Price/Book 7.8x
Price/Cash Flow 151.3x
TEV/Sales 5.2x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LOGMEIN INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at