LogMeIn Purchases Jive Communications for $342 Million

We heard today that LogMeIn announced that it has acquired Jive Communications, a UCaaS provider, for $342 million. The move aims to boost LogMeIn’s collaboration and communications offerings.

LogMeIn’s purchase of Jive comes amidst a string of previous investments made by the company, including the acquisition of password management software LastPass in 2015 and the GoTo product line in 2017 among others.

Click here to learn more, and to read the full article as published on ZDnet.

Leave a Reply

Your email address will not be published. Required fields are marked *