LogMeIn Acquires Bold Software

LogMeIn has announced that it has completed the acquisition of the assets of Bold Software, provider of web chat and customer communications software. The move is part of a larger strategy to expand LogMeIn’s portfolio of web-based services aimed at customer care organizations – call centers, external help desks, and customer service teams.

Bold Software’s BoldChat product line is a premier live chat and click-to-call customer service solution used by thousands of retail, financial services, manufacturing, software, and telecommunications organizations. LogMeIn’s customer care services are used by tens of thousands of helpdesks and call centers – 50 of the world’s top mobile operators, support organizations like Best Buy’s Geek Squad, and OEMs like Sling Media– to remotely diagnose and resolve technical issues.

“We’re seeing a shift in the way companies are approaching customer care, as well as the ways they are gauging its impact and effectiveness. Where just a few years ago, self-help and deflection may have been the predominant approach, companies are now seeking opportunities for meaningful engagement with their customers and prospects,” said Michael Simon, CEO of LogMeIn. “We believe this acquisition significantly expands the unique services we can offer to help facilitate customer engagement, while broadening the value to a wider group of customer service staff.”

LogMeIn plans to continue to offer BoldChat as a standalone offering while integrating the BoldChat service with its other product lines to deliver a comprehensive suite of essential cloud-based customer care services. This is expected to include its flagship remote support offering, LogMeIn Rescue.

“LogMeIn and Bold Software have a shared vision when it comes to customer care – we believe it’s a great match for our loyal customers and our business. By combining forces, we believe we have an opportunity to deliver a suite of services beyond anything available today,” said Steve Castro-Miller, president and CEO of Bold Software. “We look forward to joining the LogMeIn team to build the comprehensive customer engagement foundation required by today’s most demanding customer service and eCommerce organizations.”

“Quality customer service is a hallmark of our business, and we’ve long invested in capabilities that can deliver a great online experience, from answering pre-sale questions to providing post-sale support,” said Jon Abt, CEO of Abt Electronics, the Chicago-based online retailer and a joint LogMeIn, Bold Software customer. “We view this as a natural extension of LogMeIn’s and Bold Software’s customer service solutions. It’s a promising move by two teams with a great understanding of today’s Web-centric customer care.”

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