Woburn, MA-based LogMeIn (NASDAQ: [[ticker:LOGM]]), a maker of software for remote access on Internet-connected devices, said today it acquired Pachube in a $15 million cash deal. Pachube (pronounced Patch Bay) offers a Web service for connecting sensor-enabled devices and sharing data among that network. The acquisition is designed to strengthen LogMeIn’s connectivity and data sharing platforms, and expand its service to devices beyond computers, smartphones, and tablets.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
View all posts by Erin Kutz
