LogMeIn rebranding as GoTo

Innovation

Photo by monticello / Shutterstock.com

LogMeIn, a tech company that offers a range of cloud-based connectivity services with headquarters in Boston and roots in Budapest, is changing its name to GoTo and raising headcount in Hungary by "at least 20%" this year, GoTo's local managing director John Ford told journalists, according to Forbes.hu. 

Coinciding with the name change, Ford said GoTo is launching its "100% developed-in-Hungary" GoTo Resolve IT management tool for system administrators. As previously reported by the Budapest Business Journal, he added that the company is "spinning up" its LastPass password management division into a standalone business, noting that around 90% of LastPass developers work in Hungary. 

GoTo has more than 3,000 employees worldwide. Its largest development base is in Hungary, but accounts for just one-fifth of all GoTo developers who also work in Germany, North America and Australia. 

Headcount in Hungary has grown by 20% in the past two years, but the company still has 60 openings at any given time, Ford said. GoTo's Budapest office accommodates 150-200 staff, but is used mainly for cooperation between teams, he said. 

He added that developers work in places as varied as Szeged, the university town 170 km southeast of Budapest, and villages in Baranya County in the southwest of the country.

The new logo.

MNB Business Confidence Index Slips in March MNB

MNB Business Confidence Index Slips in March

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Richter Shareholders Approve HUF 423/Share Dividend Pharma

Richter Shareholders Approve HUF 423/Share Dividend

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.