LastPass vs LogMeIn

August 06, 2023 | Author: Michael Stromann
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LastPass
LastPass is there when you need to login, generate a password for a new site, or complete an online order. We've streamlined the browsing experience with features that take the hassle out of logging in and signing up, so you can forget about passwords forever.
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LogMeIn
LogMeIn gives you fast, easy remote access to your PC or Mac from your browser, desktop and mobile devices. Premium features like file transfer, file sharing and remote printing help you stay connected and productive wherever you go.
LastPass and LogMeIn are both popular software solutions developed by LogMeIn, but they serve different purposes and have distinct functionalities. LastPass is a password management tool that securely stores and autofills passwords for various online accounts and applications. It offers features such as password generation, secure notes storage, and multi-factor authentication. LastPass aims to enhance security and convenience by simplifying password management for individuals and businesses.

LogMeIn, on the other hand, is a remote access and support software that allows users to access and control their computers or provide remote support to others. It provides features like remote desktop access, file transfer, and collaboration tools. LogMeIn focuses on enabling remote work, IT support, and remote access to computers and networks.

See also: Top 10 Remote Support software
LastPass vs LogMeIn in our news:

2022. LogMeIn rebrands to GoTo



LogMeIn has changed its name to GoTo to simplify its product offerings in order to focuse specifically on small and medium-sized businesses, shifting away from targeting large enterprises. The name "GoTo" was derived from GoToMeeting, a company that LogMeIn acquired from Citrix in 2016, renowned for its videoconferencing and remote access software. As part of this rebranding, GoTo will primarily concentrate on two core products: Connect, a unified communications as a service (UCaaS) solution, and Resolve, an IT management and support tool. This strategic move allows for a streamlined product line, enabling easier evaluation for SMB customers and simplifying the sales process for resellers.


2019. LogMeIn is bought by investment fund for $4.3B



LogMeIn has reached an agreement to be acquired for $4.3 billion by affiliates of Francisco Partners and Evergreen Coast Capital Corporation. Bill Wagner, the president and CEO of LogMeIn, expresses optimism about the partnership with Francisco and Evergreen, foreseeing beneficial outcomes for the company in the future. The private equity firms will acquire a diverse portfolio of products, which includes unified communications and collaboration (UCC) solutions. In addition to LogMeIn's renowned remote desktop software, the company also owns other notable software such as Jive for social collaboration, GoToMeeting for web and video conferencing, and LastPass for password management services.


2018. LogMeIn acquired Jive Communications



LogMeIn, a renowned company providing conferencing services like GoToMeeting and join.me, as well as authentication and other online services for businesses and individuals, has announced its acquisition of Jive Communications for $342 million. It's important to note that Jive Communications should not be confused with Jive Software, which is a competitor to Slack. Jive Communications is a startup based in Utah, primarily focusing on enterprise VoIP, particularly hosted VoIP. With 20,000 customers globally, Jive Communications brings a range of unified communications services to the table, complementing and expanding on LogMeIn's existing collaboration products.


2017. LogMeIn acquires chatbot and AI startup Nanorep



LogMeIn, a company renowned for its remote access app, has made an acquisition of Nanorep, a startup specializing in chatbot development and AI-based tools that facilitate navigation through self-service applications. The acquisition was completed for a sum of $45 million. Nanorep's platform essentially aids in anticipating customer intentions while they navigate websites, particularly in situations such as technical support or searches. By doing so, it effectively reduces the number of steps required to achieve their desired outcome. As LogMeIn also recently launched its alternative CRM solution, Bold360, the integration of Nanorep's technology into Bold360 is expected to proceed alongside the continuation of Nanorep's existing business operations.


2016. Password manager LastPass is now free



LastPass, the password manager under the ownership of LogMeIn, has announced a significant update to its service by making a core component available for free. Previously, users could access the browser extension at no cost but had to pay a $12 annual fee to enjoy mobile password portability. However, LastPass has decided to eliminate this fee, allowing users to freely access their passwords on mobile devices. The free services now include essential features such as two-factor authentication, password generation and sync, as well as access from unlimited devices. Essentially, LastPass is now charging only for enhanced features rather than convenient access. It's worth noting that the company continues to generate revenue through its enterprise offerings. LastPass states that this pricing change is driven by a commitment to making password security accessible to a wider audience. However, it is also likely aimed at enticing users away from other paid password management services.


2016. Citrix sold GoToMeeting to LogMeIn



LogMeIn and Citrix's GoTo collaboration spin-off are set to merge in a $1.8 billion deal. This development follows Citrix's announcement 10 months ago about its intention to spin off the GoTo division, which focuses on collaboration, in order to refocus on its core virtualization business. Through this merger, LogMeIn and GoTo will significantly enhance their competitive position. The companies have plans to establish a stronger management team, align their go-to-market strategies, and consolidate their product lines into a unified portfolio. It is expected that the combined vendor will streamline its value proposition by eliminating redundant features and tools, potentially including GoToMyPC, which competes with LogMeIn's flagship remote desktop tool, and LogMeIn's join.me online meeting software.


2015. LogMeIn acquired password management service LastPass



Remote access software provider LogMeIn has completed its acquisition of LastPass, the online password management software maker, for a total sum of $110 million. LastPass, a competitor of Dashlane, 1Password, and similar solutions, offers a comprehensive suite of tools designed to enhance online security for users. Its flagship product is a password management software application that facilitates the creation of strong, secure passwords for various websites, while also providing a secure repository for other private information in the form of "secure notes." In addition to a native desktop application for OS X, which was launched earlier this year, LastPass offers features such as a "Security Check" tool, enabling users to quickly assess the strength of their passwords. The company also provides web browser extensions and a mobile app to ensure convenient access to its services.


2015. LogMeIn acquired whiteboard app Zamurai



LogMeIn has acquired Zamurai, a popular whiteboard app for the iPad, with the intention of expanding the capabilities of its online collaboration and meeting app join.me. Although Zamurai is currently available on the app store and has received recognition in the productivity app category, its future availability may be limited. LogMeIn plans to phase out the Zamurai name and integrate its technology into new versions of join.me's apps for the iPhone, iPad, and Apple Watch. Moving forward, the integrated technology will be exclusively offered through join.me. Existing Zamurai users will be provided with a migration path, allowing them to seamlessly transition to join.me. In addition to its whiteboarding functionality, Zamurai was actively developing real-time visual collaboration technologies. With the entire Zamurai team joining LogMeIn, this acquisition suggests potential future enhancements for join.me.


2015. Password manager LastPass launches version for Mac



LastPass, a password management service, has launched a new native Mac application that offers enhanced integration on OS X along with several new features. The updated app includes instant logins, the capability to perform security checks on online accounts, and a fast search function. With growing awareness of the threat posed by hackers, apps like Dashlane, LastPass, and 1Password are among the first to be installed on users' new computers or mobile devices. It's worth noting the irony that despite the recent high-profile data breaches at physical stores like Target, Staples, and Home Depot, consumers remain vigilant about online security.


2014. LogMeIn acquires Meldium to improve remote control security



LogMeIn, a leading provider of remote PC management solutions, has announced its acquisition of Meldium, a startup known for its advanced password management and single sign-on capabilities. Meldium's primary objective is to simplify the process of granting and revoking access to business applications and data, thereby streamlining operations for companies that employ interns, freelancers, or contract employees. Meldium offers an appealing feature that allows administrators to disable or delete corporate accounts for an individual without affecting their personal accounts. LogMeIn intends to integrate Meldium's technology into its existing suite of solutions, which includes Join Me, AppGuru, LogMeIn Central, and LogMeIn Rescue. While Meldium faces competition from companies like Okta and even Microsoft in certain cases, its acquisition by LogMeIn strengthens the position of both entities in the market.

Author: Michael Stromann
Michael is an expert in IT Service Management, IT Security and software development. With his extensive experience as a software developer and active involvement in multiple ERP implementation projects, Michael brings a wealth of practical knowledge to his writings. Having previously worked at SAP, he has honed his expertise and gained a deep understanding of software development and implementation processes. Currently, as a freelance developer, Michael continues to contribute to the IT community by sharing his insights through guest articles published on several IT portals. You can contact Michael by email stromann@liventerprise.com