From PC World: Intel is strengthening its effort to reduce what it calls the “pain of passwords” by acquiring PasswordBox, a Canadian company that offers an online identity manager designed to let users log on to a range of websites and services with just one click.
PasswordBox lets users store login credentials in what the company calls a virtual safety deposit box. When surfing the Web, users can click on the sites they want to login to and PasswordBox handles the login.
The tool, which has over 14 million downloads, will become a part of the Safe Identity organization within Intel’s Security Group, the company said Monday.
Intel Security is planning to use PasswordBox’s one-click login system for mobile devices and browsers to reduce what it calls “password fatigue.”
PasswordBox was founded in 2012 and operates out of Montreal, where it employs 44 people. All of them have joined Intel Security.
Together with the PasswordBox team, Intel wants to work on technology to compete with online identity managers like Lastpass and Dashlane, which offer similar services.
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