Logmein Is Buying Jive Communications for up to $357M to Step up in Enterprise Unified Comms

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Story by Ingrid Lunden, TechCrunch

Yet more consolidation in the enterprise collaboration software market. Today LogMeIn, the company that offers conferencing services like GoToMeeting and join.me as well as authentication and other online services to businesses and others, announced that it would acquire Jive Communications for $342 million in cash plus up to $15 million based on reaching specific milestones in the next two years.

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