In the News

Boston Globe

Fast-growing LogMeIn Inc. announced a $1.8 billion merger with a division of Citrix Systems Inc. that will triple its size overnight, creating a Boston software firm with nearly 3,000 employees and more than $1 billion in annual revenue. 

BostInno

LogMeIn said at market close on Tuesday that it plans to merge with Citrix's GoTo business, one of its largest competitors, in a tax-free deal valued at $1.8 billion. Once the proposed merger closes, expected in the first quarter of 2017, the combined company is projected to have annual revenue in excess of $1 billion with more than 2 million customers across the globe.

Boston Globe

Fast-growing LogMeIn Inc. announced a $1.8 billion merger with a division of Citrix Systems Inc. that will triple its size overnight, creating a Boston software firm with nearly 3,000 employees and more than $1 billion in annual revenue.