LogMeIn looks to monetize users, ditches free accounts

LogMeIn (LOGM) is attempting to aggressively shepherd its free account users into one of its paid account options, EnGadget reports. Free users have been given 7 days to decide whether to subscribe or move to a free competitor such as TeamViewer.

The company has used various other service cut-offs to goad users into paying up in the past. For instance, a 28.3% Y/Y increase in subscribers in Q3 was "driven in part by a business model change that requires users with LogMeIn Free installed on more than ten host computers to purchase a Central subscription." (10-Q)

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