LogMeIn (LOGM) has acquired San Francisco-based startup company Meldium for $15 million. LogMeIn CEO Michael Simon said he believes the acquisition will help his company compete in the identity management market.

Boston-based remote access software provider LogMeIn (LOGM) has added an identity and access management (IAM), password management and single sign-on (SSO) technology provider to its IT portfolio.

Read more at – LogMeIn Acquires SF-based IAM Solutions Provider Meldium for $15M