Batu69 Posted October 9, 2015 Share Posted October 9, 2015 It’s a big day here at LastPass. We’re thrilled to announce that we’re joining LogMeIn. As one of the world’s leading SaaS companies, we can’t imagine a better team to align with our values and product-driven mission. With their experience in growing successful brands like join.me, we’re excited to join LogMeIn in delivering the next generation of identity and access management for individuals, teams and companies, with LastPass at the forefront.When we started LastPass in 2008, we set out on a mission to provide a smart solution to the growing password problem. We aimed to build a product that helped people efficiently manage their passwords, in a way that not only increased their productivity but also improved their security.Since then, LastPass has grown by leaps and bounds, helping millions of consumers and tens of thousands of businesses worldwide with password management. We are so incredibly proud of our team’s accomplishments and grateful to the users who have supported us on our journey.What does this mean for you as a LastPass user? Great things! We will continue to build and improve LastPass for our free, Premium, and Enterprise customers. Together with LogMeIn, we’ll be able to accomplish more, faster – providing an even better service to millions of people. As we become part of the LogMeIn family over the next several months, we’ll be releasing updates to LastPass, introducing new features, and continuing to grow the service as we work to bring LastPass to millions more who struggle with passwords.Again, thank you to all of our users and supporters! We’re as committed as ever to providing you with a secure, easy-to-use password manager. Stay tuned as we open the next chapter of our story with LogMeIn and build the future of identity and access management, together.Source Link to comment Share on other sites More sharing options...
Alien8 Posted October 9, 2015 Share Posted October 9, 2015 Ver bad news.. Time to start looking for alternatives… Link to comment Share on other sites More sharing options...
provision Posted October 9, 2015 Share Posted October 9, 2015 Ver bad news.. Time to start looking for alternatives…RoboForm :) Link to comment Share on other sites More sharing options...
CODYQX4 Posted October 9, 2015 Share Posted October 9, 2015 1Password... Link to comment Share on other sites More sharing options...
psyko666 Posted October 9, 2015 Share Posted October 9, 2015 Ver bad news.. Time to start looking for alternatives…Keepass -open source- Link to comment Share on other sites More sharing options...
bonbonboi Posted October 9, 2015 Share Posted October 9, 2015 Why is it bad, someone explain things :huh: Link to comment Share on other sites More sharing options...
dcs18 Posted October 9, 2015 Share Posted October 9, 2015 Hopefully, Users higher on the food chain would have realized . . . . . . . . . . . finally — they were wedded to a whore with bad breath. Link to comment Share on other sites More sharing options...
alaindc Posted October 9, 2015 Share Posted October 9, 2015 I don't know LogMeIn, but, from most post, this is a bad thing?So, it's really time to try other password saver?Because i like Lasspass.Any good one, working like Lasspass with easy integration to Chrome AND Firefox?From what i read, Keepass plugin for Chrome and Firefox don't communicate with each other...so, you need to have two database. Link to comment Share on other sites More sharing options...
jamesDDI Posted October 11, 2015 Share Posted October 11, 2015 For keepass we need a database for every browser. We need a better alternative maybe. Link to comment Share on other sites More sharing options...
dcs18 Posted October 11, 2015 Share Posted October 11, 2015 Check out why RoboForm has been the king of password managers for so many years. ;) Link to comment Share on other sites More sharing options...
Batu69 Posted October 12, 2015 Author Share Posted October 12, 2015 LogMeIn To Acquire LastPass for $125 Million in Cash Link to comment Share on other sites More sharing options...
Petrovic Posted October 12, 2015 Share Posted October 12, 2015 The maker of LastPass, a popular password manager, is being acquired by LogMeIn in a sale worth at least $110 million. LastPass, founded in 2008, makes software that generates strong passwords and stores them in anencrypted vault. The software integrates with desktop and mobile browsers and automatically fills in password fields on websites when a user enters a master password. The basic software can be used for free, but individual users and businesses can pay for premium features. LastPass CEO and cofounder Joe Siegrist wrote today that his company is "excited to join LogMeIn in delivering the next generation of identity and access management for individuals, teams and companies, with LastPass at the forefront." Siegrist wrote that LastPass will continue to improve its software for free, premium, and enterprise customers. Siegrist's blog post drew a few dozen comments, with most expressing disappointment about the sale and criticizing LogMeIn. "While I congratulate the lastpass founders on a nice exit, we as an Enterprise user will monitor very carefully if that impacts the pricing," one customer wrote. "There’s a reason we never used LogMeIn, because they’re not delivering appropriate value for SMBs at their price points." LogMeIn provides remote desktop management and support software to individuals and businesses. The company discontinued a free version of its product last year. LogMeIn's announcement said it will close the deal with LastPass in the coming weeks, paying $110 million in cash upon close with an additional $15 million in payments to equity holders and key employees of LastPass contingent on reaching "certain milestone and retention targets" in the two years after the acquisition. “LastPass has a great business, a beloved and award winning product, millions of loyal users, and thousands of great business customers—they are synonymous with the category,” LogMeIn CEO Michael Simon said in the announcement. “We believe this transaction instantly gives us a market leading position in password management, while also providing a highly favorable foundation for delivering the next generation of identity and access management solutions to individuals, teams and companies.” Last year, LogMeIn acquired a password manager for teams called Meldium, with the promise that Meldium would continue to provide the same service. With LogMeIn's latest acquisition, Meldium capabilities will be integrated into LastPass. "In the near-term, both the Meldium and LastPass product lines will continue to be supported, with longer-term plans to center around a singular identity management offering based on the LastPass service and brand," LogMeIn said.Source Link to comment Share on other sites More sharing options...
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