Google acquires Israeli security startup SlickLogin
International search giant Google is purchasing Israeli security startup SlickLogin in an acqui-hire transaction. Thd deal was confirmed by SlickLogin via its website on Sunday, according to The Economic Times.
Under the terms of the said deal, Google will be absorbing the workforce and knowledge of the sound-based password alternative developer. According to Xinhua, SlickLogin's three founders announced that their team will be joining Google. They also said the Internet giant shares their core belief in making the login process easy and not frustrating, the report explained.
Financial terms of the said deal, however, were not disclosed, the report added.
Founded just less than a year ago, SlickLogin revolves around the concept of enabling users to log into password-protected sites with the use of unique sounds generated for them, the report stated.
SlickLogin has not yet launched its commercial product. The deal with Google represents an acquisition of the company's technology, The Economic Times reported.