Deals

LogMeIn Acquires Ionia Corporation
Date: 
Thursday, May 8, 2014
Company: 
Location: 
Boston, MA
Deal Type: 
Acquisition

LogMeIn, Inc. (Nasdaq:LOGM) announced it has acquired Ionia Corporation, a system integrator specializing in connected solutions. The move is part of a larger strategy to accelerate LogMeIn's IoT opportunity by helping early customers of its Xively Cloud Services platform quickly go to market with their connected offerings.

Prior to the acquisition, Ionia IoT consultants delivered more than 300 cloud business solutions. A Salesforce.com silver partner and Heroku platinum partner, Ionia was ranked number one by Salesforce.com customers in the manufacturing and health/life sciences markets, and won the 2013 Salesforce Partner Innovation Award for Mobile. LogMeIn's Xively IoT Platform-as-a-Service, which was introduced in 2013, has earned top awards by GSMA Mobile World Congress, ARM and CTIA for helping companies optimize internal operations and build connected products for sale.

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