While it’s too early to project the precise impact of this initiative, we anticipate our 2014 revenue will be consistent with these estimates without any revenue contribution from this business model shift. While we intend to provide additional information regarding the financial implications of this change during our February 13 th earnings call, we want to share some initial details for the investment community.Ĭurrently, consensus revenue estimates for LogMeIn in 2014 are $190.3 million. Interestingly, their posting in their investor blog reads a little differently … Discontinuing LogMeIn FreeĪs you might have seen, today we began notifying users that we will be discontinuing LogMeIn Free and will seek to transition existing LogMeIn Free users to our paid-only remote access offering. To be clear, the 7-day grace period starts when you next login to the LogMeIn service. While messaging started today, users will be given 7 days to make a purchase decision about LogMeIn Pro. Impacted users will be notified via email and in-product messages. Details of these offers are being sent to Ignition mobile users this week, both via email and in-product notifications. LogMeIn Ignition for iPad/iPhone and Android app purchasers will receive significant discounts, as well as generous terms to ease the transition. While customers who purchased these apps are impacted by this change, we have taken steps to be especially attentive to these customers. Please see below:įor owners of LogMeIn Ignition for iPad/iPhone and LogMeIn Ignition for Android We’ve heard a couple common questions around Ignition and the notification period, and wanted to provide some clarity. In addition, we are dedicating an area of our community site for fielding questions and feedback. You can find the answers to what we anticipate will be the most common questions here. We understand that with any change come questions and potentially concerns. In addition, this change does not impact other freemium products in our broader portfolio, like and Cubby. It’s worth noting that Central customers will not be impacted by this change (please see FAQ). Additionally, all users who purchase a subscription to LogMeIn Pro will be upgraded to a premium remote access experience, with capabilities that include integration with popular cloud sync and share products like Cubby, Dropbox, Box, Google Drive and SkyDrive, the ability to manage and transfer cloud and local files, remote printing and more. Subscriptions will include LogMeIn’s signature remote access to two or more computers, premium mobile apps for Android and iOS, and native Mac and Windows desktop apps. Please note that once you log into your account there is a seven day window to upgrade. Starting in January, we will gradually migrate users of LogMeIn-branded remote access offerings and Ignition-branded remote access offerings to a single, premium access product. In the meantime, we wanted to take a minute to explain the change and help users of LogMeIn’s access products better understand what this means for them. We will be notifying those impacted by the change in the coming days and weeks. This product will be a paid-only offering, and it will offer what we believe to be the best premium desktop, cloud and mobile access experience available on the market today. We will be unifying our portfolio of free and premium remote access products into a single offering. (Updated to provide clarity on common questions)Īfter ten years, LogMeIn’s free remote access product, LogMeIn Free, is going away. Their posting is as follows: Changes to LogMeIn Free I haven’t actively used LogMeIn myself, although I have been aware of it. This morning, in a rather abrupt e-mail and online posting at LogMeIn’s Blog, they announced the discontinuation of LogMeIn Free after ten years of service. Of course, this does cost money to operate, and many home users typically take advantage of the free offering. It has UDP hole punching logic, and also the availability of relay servers operated by LogMeIn to make sure you get “in”. LogMeIn is a “no-fuss” remote access client which allows for easy remote administration of your computers without having to think about setting up port forwarding, or whether you can get through firewalls and NATs. Numerous services have announced closures and alterations – this morning, it’s LogMeIn Free. It seems that the new year is not only a time for resolutions to get fit, but instead, for online service providers to re-evaluate their offerings.
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