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Internet of things News

The 10 Biggest IoT News Stories Of 2018

Dylan Martin

7. LogMeIn Sells Xively To Google Cloud

LogMeIn significantly reeled back its Internet of Things ambitions in February when the collaboration software maker said that it was selling its Xively IoT connectivity platform to Google for $50 million. The company had acquired Xively, which was previously known as Pachube, back in 2011, and Michael Simon, LogMeIn's CEO at the time, had predicted a couple years later that Xively would become a majority of LogMeIn's business by 2020. But Xively failed to meet growth expectations over time. Google is integrating Xively's connectivity features into its Google Cloud IoT platform.

 
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