Intel has Acquired 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.
“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.
“Everyone can relate to password fatigue. The PasswordBox service has already brought relief to millions of consumers who now enjoy simple, instant login,” 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. We believe we have the technology, expertise and reach to bring simple, secure access to consumers worldwide.”
Terms of the acquisition weren’t disclosed.
PasswordBox is an innovative free identity manager that removes the hassle of logging into all your browsers, apps, and devices.
PasswordBox was a privately held company founded in 2012, with 44 employees and headquartered in Montreal, Quebec. All current employees have joined Intel Security. Since its debut one year ago, PasswordBox secured VC funding, led by OMERS Ventures, won best mobile app at CES 2014, and has been downloaded 14 million times worldwide.
