M&A Deal Summary

LogMeIn Acquires Applied Networking

On August 7, 2006, LogMeIn acquired software company Applied Networking

Acquisition Highlights
  • This is LogMeIn’s 1st transaction in the Software sector.
  • This is LogMeIn’s 1st transaction in Canada.
  • This is LogMeIn’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2006-08-07
Target Applied Networking
Sector Software
Buyer(s) LogMeIn
Deal Type Add-on Acquisition

Target

Applied Networking

Vancouver, British Columbia, Canada
Applied Networking Inc. is a software development company specializing in the areas of advanced networking and data security. Its flagship product, Hamachi, is a zero-configuration virtual private network (VPN) that allows users to arrange multiple computers into their own secure network to access and share information as if they were connected by a physical network cable.

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Buyer(S) 1

Buyer

LogMeIn

Boston, Massachusetts, United States
Category Company
Founded 2003
Sector Internet Software and Services
Employees3,763
Revenue 1.2B USD (2018)
DESCRIPTION

LogMeIn, Inc. is a developer and marketer of innovative remote control, productivity, management and security products that serve mobile professionals and system administrators. Its brands include LogMeIn, an on-demand access service, and the RemotelyAnywhere line of software. LogMeIn was established in 2003 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 1 of 10
Sector (Software) 1 of 2
Type (Add-on Acquisition) 1 of 9
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2006) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-20 Pachube

London, United Kingdom

Pachube is an online platform for connecting people and devices.

Buy $20M
Mergr

Product

Company

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