Google acquires Israeli security start-up SlickLogintext_fields
Jerusalem: The global internet giant Google is acquiring SlickLogin, an Israeli developer of sound-based password alternative, in an "acqui-hiring deal", which means SlickLogin's staff and knowledge will be integrated into Google, SlickLogin confirmed the deal on its website Sunday.
"Today we're announcing that the SlickLogin team is joining Google," Xinhua quoted the three founders of the young start-up as saying. They added that Google "shares our core beliefs that logging in should be easy instead of frustrating... We couldn't be more excited to join their efforts."
No financial figures of the transaction were disclosed.
SlickLogin was founded less than a year ago. The company is based on a novel idea to enable end users to log-in easily into password-protected websites by using a uniquely generated sound.
The company is yet to launch a commercial product and accrued clients, so the deal actually represents an acquisition of the technology itself.