LogMeIn Acquires Bold Software: Remote Support and Live Chat

LogMeIn LogoLogMeIn has acquired Bold Software, a web chat and customer communications software company, for $16.5 million. LogMeIn plans to integrate LogMeIn Rescue — a remote support product for help desks and call centers — with Bold Software’s BoldChat platform.

This is part of a growing trend in the managed services software market, where companies like NTRglobal blend remote access with live chat capabilities. Now, LogMeIn is making its move.

BoldChat is a live chat and click-to-call customer service solution. The Bold Software acquisition is part of LogMeIn’s plan to offer more web-based services for different customer care organizations — including managed services providers (MSPs) and IT service providers.

LogMeIn is best known in corporate accounts but has been gaining momentum with service providers. A few examples: LogMeIn Rescue won a remote IT support deal with Internode, a huge Internet service provider (ISP) in Australia in September 2011. Then LogMeIn updated Rescue’s mobile device management (MDM) capabilities in November. And in our fifth-annual MSPmentor 100 report, 31.7 percent of MSPs said they use LogMeIn’s software to support customers. (Complete MSPmentor 100 results will surface in February 2012.)

Track all MSP-related mergers and acquisitions using the MSPmentor Merger and Acquisition Tracker.

Additional insights from Joe Panettieri.

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5 Comments on “LogMeIn Acquires Bold Software: Remote Support and Live Chat”

  1. Ted Hulsy Says:

    Yes – and it is also pretty interesting that Microsoft uses LogMeIn Rescue too… at least in some support centers out of India.

    They make great software, whether you are a SOHO user, a partner, or a large software vendor like Microsoft.

    Ted Hulsy
    VP Marketing, eFolder
    Twitter: @tedsefolder

  2. Joe Panettieri Says:

    Geek Squad = also a LogMeIn customer. Worth watching…
    -jp

  3. Ken Stewart Says:

    I’m glad to see a good company like this continue to grow organically and through acquisition in key areas that add functionality to the product line. I absolutely love LMI products and services, and have had nothing but excellent experiences with them in the call centers I’ve managed.

    I was interested to see they finally launched Join.Me, a competitive product to GoToMeeting! I had been waiting on that for years… so it appears they are growing in many areas!

  4. Joe Panettieri Says:

    Ken: What do you think makes LogMeIn unique?
    -jp

  5. Robert Wace Says:

    With the rising popularity and usability of e-shopping these days, real usability of the Live Chat Support Software comes into picture. I am very well satisfied with Clickdesk because of the convenience it brings me through its live chat service.

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