PasswordBox allows users to log in on apps and websites, without them having to remember a password by. "We share Intel Security's vision of simple, secure access and identity protection across all platforms and devices."Īll 48 PasswordBox employees become part of Intel Security. Intel acquires PasswordBox for identity management. "PasswordBox has spent the last two years building a product that people love, trust and use around the world every day," said Daniel Robichaud, CEO and co-founder of PasswordBox. Security How encryption keeps you safe Simple and secure Multi-factor authentication, always Your privacy is important Didnt find what you were looking. So a password solution could be a powerful addition to Intel’s security approach. Using one tap on mobile devices or one click in a browser, they get secure access to their favourite apps and sites.Īccording to report from Deloitte, 90 per cent of user-generated passwords are vulnerable to hacking, Many of us are suffering "password fatigue," using the same password for multiple sites and frequently forgetting passwords. Founded in 2012, PasswordBox has chalked up an impressive series of wins and collaborations in its short. The app gives users a convenient way to log into all of their websites and applications from any device without having to type or remember passwords. Intel has acquired Montreal-based password management software company PasswordBox. Its password app has been downloaded 14 million times worldwide. PasswordBox, which launched its product 18 months ago, has backing from OMERS. Intel announced the deal Monday, but did not release financial terms. Together, we believe we can offer our customers world-class technology, expertise and support to bring such access anywhere – all backed by Intel.Intel has bought Montreal-based startup PasswordBox, an identity management service which helps users securely manage their passwords. Intel ha acquistato PasswordBox, produttore canadese di software e servizi cross platform per la gestione delle identità digitali. “We share Intel Security’s vision of simple, secure access and identity protection across all platforms and devices. “PasswordBox has spent the last two years building a product that people love, trust and use around the world every day,” said Daniel Robichaud, CEO and co-founder of PasswordBox. PasswordBox was founded in 2012 and had 48 employees, all which have joined Intel Security.Īccording to Intel, the acquisition will support future innovations that will be announced at a later date. We believe we have the technology, expertise and reach to bring simple, secure access to consumers worldwide.” “Everyone can relate to password fatigue,” said Chris Young, senior vice president and general manager of Intel Security Group. “Intel Security and PasswordBox share the same goal of improving digital identity protection across all devices and platforms. Intel said that it would incorporate PasswordBox’s current and future technologies to help consumers reduce “password fatigue” and incorporate PasswordBox with new, user-friendly authentication technologies that enable users to get the benefit of improved security in a way that is simple to set up and use. Terms of the transaction, which has already been completed, were not disclosed. Since its launch in June 2013, PasswordBox has introduced services like Legacy Locker, secure password sharing, and 1-Tap. PasswordBox, which been downloaded 14 million times, utilizes a one-tap (for mobile devices) and one-click (in browsers) login to provide secure access from any consumer device, and will become a part of Intel Security. Intel Security has acquired San Francisco-based startup PasswordBox. Intel announced on Monday that it has acquired PasswordBox, a Montreal-based identity management service that enables users to log into websites and applications without having to type or remember passwords.
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