![]() ![]() Many users were dismayed by the news, citing LogMeIn's past history of buying good products and hiking up prices. "We will continue to build and improve LastPass for our free, Premium, and Enterprise customers," Joe Siegrist, CEO of LastPass, wrote on the blog post announcing the deal. Like LastPass, Meldium offers a password manager as well as single-sign-on capabilities for popular cloud-based business apps, including Google Apps, Hubspot, Zendesk, Salesforce, Asana, Trello, and Jira.įor now, LastPass will be supported as a stand-alone product alongside Meldium, but long-term plans center around combining the two products into "a singular identity management offering" based on the LastPass service and brand. A little more than a year ago, the company spent $15 million to buy Meldium, another single-sign-on and password manager service. This isn't LogMeIn's first foray into identity and access management. LastPass will join LogMeIn's access portfolio, which includes LogMeIn Pro for providing secure remote desktop, file transfer, and remote printing capabilities for PCs and Macs. LogMeIn already has a number of management and collaboration products, including, for remote meetings cloud app discovery and management platform App Guru LogMeIn Central, a remote device management solution and Cubby Enterprise, for enterprise file syncing and sharing. "The LastPass acquisition is expected to play a key role in this effort, is highly complementary to LogMeIn's existing portfolio," and will bolster LogMeIn's position in the identity and access management market, the company said in a statement announcing the acquisition. The LastPass purchase helps LogMeIn address this shift by building up its product line for helping businesses securely work with sensitive information. With IT no longer controlling where corporate data is stored or who can use it, enterprises are turning to cloud-based identity and access tools. In enterprises, identity is increasingly decentralized as users turn to various cloud, Web, and mobile apps to do their jobs. ![]() When it was recently targeted in an attack, the company garnered praise for the way it promptly responded and notified users exactly what was happening. ![]() LastPass is popular with users for its focus on security, excellent customer service, and commitment to transparency. LogMeIn, a provider of cloud-based IT access and management tools, has acquired cloud-based password manager service LastPass. ![]()
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