"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. Intel has bought PasswordBox, a two-year old, Montreal, Quebec, Canada-based maker of digital identity management software, in a move to shore up its.
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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. Electronics Semiconductors California-based Intel announced the acquisition of PasswordBox, a Montréal-based provider of digital identity management services. 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. Intel has bought Montreal-based startup PasswordBox, an identity management service which helps users securely manage their passwords.
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