LogMeIn has announced that it has completed its acquisition of Jive Communications. The acquisition, first announced in February, accelerates LogMeIn’s overall Unified Communications and Collaboration (UCC) strategy and bolsters LogMeIn’s popular collaboration portfolio. It will also bring together LogMeIn’s market-leading offerings like GoToMeeting, GoToWebinar, and join.me with Jive’s innovative and award-winning UC products.
“LogMeIn and Jive share a common philosophy. We both build frictionless user experiences and easy-to-deploy cloud-based solutions designed to scale simply and securely,” said Bill Wagner, President, and CEO of LogMeIn. “As part of the LogMeIn family, Jive gains significant scale and resources to help accelerate innovation, introduce complementary best-in-class offerings, and expand their footprint into new markets. It’s this combination that has us so excited about our future together – a shared opportunity to shape the ways modern workers communicate and collaborate to advance ideas, close business, and get work done.”
LogMeIn will provide updated second quarter and full year 2018 guidance, including the contribution from Jive Communications, on its first-quarter earnings call. Details for that call will be forthcoming.