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Intel acquires PasswordBox

Intel acquires PasswordBox
PasswordBox password manager
This purchase is effective immediately and the entire PasswordBox team joined Intel Security to help create a safe and secure digital world.

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Next to Microsoft who purchased Acompli, Intel also announced a new corporate acquisition yesterday, namely PasswordBox. According to the official press release, this Canadian company and its cross-platform identity management service will join the Safe Identity organization within Intel Security Group. This organization "is committed to delivering solutions that reduce the pain of passwords, simplify and strengthen security, and provide consumers with easy access to their digital lives."

The press release contains some interesting information, for example the fact that over 90 percent of those passwords generated by users are vulnerable to hacking and the average user has 26 password-protected accounts, but only five different passwords. Intel's integration of PasswordBox technologies aims to deliver these three major advantages to consumers: reduced password fatigue, simplified security, and the ability to experience next-generation solutions.

"We share Intel Security's vision of simple, secure access and identity protection across all platforms and devices. Together, we believe we can offer our customers world-class technology, expertise and support to bring such access anywhere – all backed by Intel," says Daniel Robichaud, PasswordBox CEO and co-founder. All the 48 employees joined Intel Security and the transaction is effective already, but no financial terms have been disclosed.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2014 12 > Intel acquires PasswordBox
Codrut Nistor, 2014-12- 2 (Update: 2014-12- 2)
Codrut Nistor
Codrut Nistor - News Editor
Although I have been writing about new software and hardware for almost a decade, I consider myself to be old school. I always enjoy listening to music on CD or tape instead of digital files and I will not even get into the touchscreen vs physical keys debate. However, I also enjoy new technology, as I now have the chance to take a look at the future every day. I joined the Notebookcheck crew back in 2013 and I have no plans to leave the ship anytime soon.