![]() "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. "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. 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. ![]() 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 PasswordBox, a Montreal-based identity management service that enables users to log into websites and applications without having to type. 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. ![]() New terms apply.Intel has bought Montreal-based startup PasswordBox, an identity management service which helps users securely manage their passwords. Besides managing passwords, PasswordBox can also store and encrypt credit card information for quicker checkouts when shopping online. Every PasswordBox user will get a special subscription offer if they choose to migrate from PasswordBox to the True Key app. Today, Intel announced the acquisition of PasswordBox, a Montreal-based and award-winning provider of a cross-platform identity management service that gives users a convenient way to log into all of their websites and applications from any device without having to type or remember passwords. Since its launch in June 2013, PasswordBox has introduced services like Legacy Locker, secure password sharing, and 1-Tap. Your PasswordBox subscription is different from the True Key subscription, and the PasswordBox terms will not be transferred over. Intel Security has acquired San Francisco-based startup PasswordBox. Intel (NASDAQ:INTC) began to give users a convenient way to log into all of its websites and applications from any device without having to type or remember passwords while it announced the acquisition of PasswordBox on Dec. If you decide to claim it, you can create a profile using the email and master password associated with your PasswordBox account to migrate your information. So users switching to True Key are likely to have to pay more for their password management needs.Ĭurrent Password Box users are being offered a “special subscription offer” if they migrate to True Key, albeit not on the same terms…Īs a PasswordBox user, we’ve reserved a True Key account for you. PasswordBox also offers a freemium model, but is free for up to 25 passwords and then users can either pay $1 per month or invite friends to use it to get unlimited passwords. ‘Unlimited’ passwords (which is actually capped at 2,000) costs $20 per year. True Key is a freemium service, but in order to get the free version of the service users need to only store 15 passwords. In an email to TechCrunch a spokeswoman for Password Box confirmed the PasswordBox service “will remain as is from now until Fall of 2016.” ![]() Less than a year after being acquired by Intel, PasswordBox is closing its password manager service and pushing users to migrate to - yes, you guessed it - Intel’s alternative, True Key, which launched earlier this year.Ĭonfirming the move in a blog post, Password Box said it would be focusing all its attention on the jointly developed True Key. Intel vuole espandere il proprio business oltre ai cip.
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