This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

LogMeIn And ARM Announce Collaboration To Accelerate Commercial Products On The Internet Of Things

BOSTON, May 14, 2013 (GLOBE NEWSWIRE) -- The Innovation District -- LogMeIn, Inc. (Nasdaq:LOGM) announced today its collaboration with ARM® to simplify and accelerate commercial development on the Internet of Things (IoT). As part of the agreement, the companies are cooperating on LogMeIn's Xively Jumpstart Kit, a rapid prototyping-to-production bundle that significantly reduces the cost, complexity and learning curve required to bring IoT-based connected products and solutions to market.

This announcement coincides with the release of LogMeIn's Xively Cloud Services, a new commercial IoT Public Cloud, unveiled today.

The IoT enables a world where devices, data and places are interconnected with applications and users over the internet, transforming how people discover, interact and experience their world. It is made possible through a rapidly growing class of small, inexpensive yet powerful processors, ubiquitous connectivity, mobile computing and interaction platforms. The IoT market, which is predicted to generate between $1.2 trillion 1 and $14.4 trillion 2 in revenue and represent over one trillion connected objects by 2020 3 , has captured the imagination of businesses and consumers around the world.

LogMeIn's Xively Jumpstart Kit combines ARM mbed™, a platform for rapidly building connected devices using ARM-based microcontrollers, with Xively's cloud platform, making the IoT a practical reality for anyone wanting to build Internet-connected devices and associated cloud-based applications, from small entrepreneurs to established Original Equipment Manufacturers (OEMs). With ARM mbed for product development, combined with Xively Cloud Services, developers and businesses can focus on their own innovations rather than on infrastructure and platforms. This results in accelerated time-to-market, as developers can rapidly progress from prototyping to volume deployment. 

"ARM is increasing opportunities for innovation across the Internet of Things with easy-to-use platforms and standards that accelerate the creation of low-power, end-to-end solutions," said John Cornish, executive vice president and general manager, System Design Division, ARM. "LogMeIn's Xively Jumpstart Kit harnesses ARM mbed to support the development of new IoT products. We are pleased that LogMeIn shares our vision for an increasingly interconnected, innovative and energy efficient world."

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,195.13 -84.61 -0.49%
S&P 500 1,994.85 -15.55 -0.77%
NASDAQ 4,522.3110 -57.4780 -1.26%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs