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Last $56.65 USD
Change Today -1.49 / -2.56%
Volume 225.2K
LOGM On Other Exchanges
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

logmein inc (LOGM) Snapshot

Previous Close
Day High
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52 Week High
04/16/15 - $59.50
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)

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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: $400.0K
President, Chief Operating Officer and Direct...
Total Annual Compensation: $410.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $228.0K
Chief Marketing Officer and Senior Vice Presi...
Total Annual Compensation: $427.7K
Senior Vice President and General Counsel
Total Annual Compensation: $237.0K
Compensation as of Fiscal Year 2014.

logmein inc (LOGM) Key Developments

LogMeIn, Inc. Introduces New Rescue Lens Offering

LogMeIn, Inc. has introduced Rescue Lens, a new video-aided support capability. As part of LogMeIn Rescue, the premier professional remote support solution, Rescue Lens delivers on LogMeIn's new Support-of-Things initiative. Using a secure, live camera feed from a customer's or employee's mobile device, Rescue Lens empowers customer service agents to literally see and remotely assist with product issues that are reported by customers, employees or other field technicians, as if the product were directly in front of them. Customer service staff can remotely guide these users through product setup, troubleshooting, problem resolution, and more for virtually any connected or yet-to-be-connected product. As a result, companies can reimagine how they deliver customer service, field service, and IT support to reduce returns, decrease costly onsite support costs, boost customer satisfaction, and even create new service offerings. With general availability expected in April, the new Rescue Lens offering will come standard with any LogMeIn Rescue license and it will be available in an update for all existing Rescue customers. The combination of Rescue and Rescue Lens will introduce the ability to: offer video support using the most popular personal Apple iOS and Android devices; clearly see what they see; show them the solution via smart whiteboarding; and integrate video support into customer service workflow. Customers can use their own iPhone, iPad or Android device and a free downloadable iOS and Android app for video assistance; give customer service agents a high quality video view - 30 frames per second - of potential customer issues to remove guessing and shorten resolution time; illustrate key aspects of product setup, configuration or potential resolution through on-screen white boarding and annotations that remain visible and in place even when the camera is moved; and automatically log support session details, record video sessions tied to the case, and provide an easy escalation path from text or chat-based sessions. LogMeIn Rescue also provides out-of-the-box integrations with popular ticketing systems - Salesforce, Zendesk, ServiceNow, Freshdesk, etc. - for easy case creation and activity tracking. An early pioneer in the Internet of Things with its Xively IoT platform and long-time leader in customer engagement and smart device support with its Rescue and BoldChat products, LogMeIn has launched a Support-of-Things initiative to help businesses rethink how they support customers' products and engage with customers as more and more devices become connected. Designed to help companies along this evolution, the initiative focuses on ways to support today's smart devices and tomorrow's connected products, while providing a natural transition path for yet-to-be - or even soon-to-be - connected offerings.

LogMein, Inc. Appoints William R. Wagner as Director

On March 24, 2015, the Board of Directors of LogMeIn, Inc. increased the size of the Board of Directors to nine and elected William R. Wagner as a director. Mr. Wagner has been designated a class II director and will serve until the company's 2017 Annual Meeting of Stockholders, or until his successor has been duly elected and qualified. Mr. Wagner has served as the company's President and Chief Operating Officer since January 2015. From May 2013 to January 2015, Mr. Wagner served as the company's Chief Operating Officer. Prior to joining the company, Mr. Wagner served as the Chief Operating Officer at Vocus, Inc. from October 2010 to November 2012, and as Vocus's Chief Marketing Officer from July 2006 to October 2010.

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.


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Industry Average

Valuation LOGM Industry Range
Price/Earnings 100.0x
Price/Sales 6.2x
Price/Book 8.0x
Price/Cash Flow 156.3x
TEV/Sales 5.4x

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