Intel announced the acquisition of PasswordBox, a Montreal-based provider of a cross-platform identity management service that gives users a way to log into all of their websites and applications from any device without having to type their passwords. As a result of this acquisition, PasswordBox will become a part of the Safe Identity organization within Intel Security Group.

"Everyone can relate to password fatigue. The PasswordBox service has already brought relief to millions of consumers who now enjoy simple, instant login," said Chris Young, senior vice president and general manager of Intel Security Group. "Intel Security and PasswordBox share the same goal of improving digital identity protection across all devices and platforms. We believe we have the technology, expertise and reach to bring simple, secure access to consumers worldwide."

PasswordBox’s solution utilizes one of the most accurate form fillers on the market, with patent-pending one-tap (on mobile devices) and one-click (in browsers) login to simply provide secure access from any consumer device. Intel plans to expand these capabilities to provide consumers a convenient way to access their favorite sites and apps.

Intel Security will also incorporate the simplicity of the PasswordBox solution with new authentication technologies that enable users to get the benefit of improved security in a manner that is simple to set up and use.

Intel’s acquisition of PasswordBox is effective immediately. Terms of the transaction were not disclosed.