Youve trusted us to manage your digital lives, shared your feedback and ideas, and let us know how using PasswordBox has improved your daily lives.” The information was confirmed by PasswordBox in a blog post, which was cited by CNET: “To our 14 million downloaded users, from everyone at Team PasswordBox, Thank You doesnt even come close to expressing our gratitude. More than 14 million people were reported to have downloaded it. It is primarily focused on helping customers log in in their accounts across different devices without having to manually type passwords. The Canadian startup was founded two years ago. None of the financial terms of the acquisition were disclosed. Intel Security and PasswordBox share the same goal of improving digital identity protection across all devices and platforms.”Īccording to Intels statement, PasswordBoxs services are planned to be integrated into the U.S.-based companys security products by making the start-up part of the Intel Security division. The PasswordBox service has already brought relief to millions of consumers who now enjoy simple, instant login. Chris Young – said in a statement: “Everyone can relate to password fatigue. ![]() The acquisition took immediate effect.Īs reported by eWeek, the senior vice president and general manager of Intel Security Group – Mr. Intel Corp., the biggest chip manufacturer, said in a statement that it bought Canada-based startup PasswordBox Inc to boost its Internet security offerings at a time when customers are becoming more concerned about their personal data in the light of recent breaches.
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