TechCrunch  Sep 17  Comment 
 Ever since our contact lists moved out of Rolodexes and onto our smartphones, mobile app developers have been trying to improve upon the built-in – and typically, very basic – address book apps that ship with our devices. To date, we’ve...
MarketWatch  Sep 2  Comment 
LogMeIn Inc. said Wednesday its board of directors has named William "Bill" Wagner as the company's new chief executive, replacing co-founder and longtime CEO Michael K. Simon. Simon will remain chairman of the board. Wagner, who joined the...
TheStreet.com  Aug 28  Comment 
NEW YORK (TheStreet) -- LogMeIn stock was upgraded to "overweight" from "sector weight" at KeyBanc, with a price target at $82, on Friday morning. The firm believes LogMeIn will see further better than expected growth, especially with its...
Cloud Computing  Aug 6  Comment 
When it comes to the Internet of Things, hooking up will get you only so far. If you want customers to commit, you need to go beyond simply connecting products. You need to use the devices themselves to transform how you engage with every customer...
Motley Fool  Jul 24  Comment 
The company beat analyst estimates and guided for a strong third quarter, sending the stock soaring.
Benzinga  Jul 24  Comment 
StanCorp Financial Group, Inc. (NYSE: SFG) shares climbed 48.09 percent to $113.57. The volume of StanCorp Financial shares traded was 3182 percent higher than normal. StanCorp Financial agreed to be acquired by Meiji Yasuda Life Insurance in a $5...
TechCrunch  Jun 23  Comment 
 As anyone who has attended online meetings knows, traditional software with its clunky user interfaces and required software installations was in need of a change. That’s why LogMeIn’s online meeting service join.me has for some time now...


LogMeIn creates and sells remote connectivity software that allows users to access their desktop remotely from other computers and mobile devices.

Business Overview

Business & Financial Metrics[1]

In 2009, LOGM generated a net income of $7.5 million on $74.4 million in total revenues. This represents the company's first profitable year since its inception and a real turnaround from 2008, when the company incurred a net loss of $7.8 million on revenues of $51.7 million.

Business Segments[2]

LOGM has one reportable operating segment which develops and markets mobile computing applications.

Key Trends & Forces

Cloud Computing

LOGM's profitability is based on the demand for remote desktop accessibility by individuals and businesses. The trend towards a worldwide cloud computing model means that this demand is increasing. With that increased demand, however, comes an increase in both direct and indirect competitors. For example, Google's offerings like Google Docs eliminates the need for users to access files saved on their computers by saving files online and making them accessible with nothing more than a web browser and an internet connection - Google Doc users might not find the need to access their desktops remotely because the files they need are stored on Google's servers.


LOGM's direct competitors, like Citrix Systems's GoToMyPC, offer software that provides similar functionality to LogMeIn. Indirect competitors offer products that may undermine LOGM's software and eliminate the need for remote desktop access altogether - companies like Google that promote cloud computing threaten demand for LOGM's products.


  1. LOGM 2009 10-K pg. 29  
  2. LOGM 2009 10-K pg. 11  
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