http://www.csoonline.com/article/2991479/application-security/logmein-buying-password-manager-lastpass.html
By Peter Sayer
IDG News Service
Oct 12, 2015
Identity and access management specialist LogMeIn has agreed to buy
Marvasol, the company behind online password store LastPass.
The companies expect to close the deal, valuing Marvasol at between US$110
million and $125 million, in a matter of weeks.
LogMeIn is firmly in the enterprise market, while Marvasol has been
steadily extending the LastPass secure password storage tool in that
direction, with password sharing and group access functions.
LastPass stores an encrypted version of its customers' passwords in the
cloud, allowing them to unlock and access them with a single password from
almost any Internet-connected device through either secure browser plugins
or a web interface. The company offers apps for Android and iOS, as well
as plugins for Internet Explorer, Chrome, Firefox and Safari. Using the
service on a single device category is free; multiple categories requires
a subscription.
[...]
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