logmein inc (LOGM:NASDAQ GS)
Transactions by LOGMEIN INC (LOGM) in the last 6 months
LogMeIn, Inc. (NasdaqGS:LOGM) acquired BBA Inc. from FundersClub Inc., Founder's Co-op and others for approximately $15 million on September 4, 2014. Under the terms of the transaction, LogMeIn will pay approximately $15 million in cash, a portion of which is performance and retention based and is expected to be paid over time. The full team of BBA Inc. is expected to join LogMeIn and will remain based in San Francisco.
LogMeIn, Inc. (NasdaqGS:LOGM) acquired Ionia Corporation for $7.5 million in cash on March 7, 2014. The asset purchase agreement included a contingent, retention-based bonus program provision requiring LogMeIn to make additional payments to employees, including former Ionia owners now employed by LogMeIn, on the first and second anniversaries of the acquisition, contingent upon their continued employment and achievement of certain bookings goals. The range of the contingent, ...
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