08-02-2018 16:28 via deseretnews.com

Utah's Jive Communications swallowed by GoToMeeting in $357M deal

OREM — The company that operates the popular GoToMeeting digital conferencing service announced plans Thursday to acquire Orem-based Jive Communications in a deal valued at $357 million.Jivewas founded in 2006 and has carved out a successful niche in the voice-over-internet and unified communications sector, acquiring 20,000 customers, building a workforce of 600 (mostly in Utah) and earning $80 million last year.LogMeIn, the parent company to cloud-based services that include GoToMeeting,
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