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July 10, 2018 03:50 pm

Apple To Deploy 1Password To All 123,000 Employees; In Talks To Acquire Password Manager's Parent-Firm AgileBits: Report

Jonathan S. Geller, reporting for BGR: Apple acquires an average of 15 to 20 companies a year, according to CEO Tim Cook. Of that number, we only hear about a couple, as most of these acquisitions or aqcui-hires are not consumer-facing, nor disclosed. However, we have exclusively learned that Apple is planning an interesting partnership and a potential acquisition of AgileBits, maker of the popular password manager 1Password. According to our source, after many months of planning, Apple plans to deploy 1Password internally to all 123,000 employees. This includes not just employees in Cupertino, but extends all the way to retail, too. Furthermore, the company is said to have carved out a deal that includes family plans, giving up to 5 family members of each employee a free license for 1Password. With more and more emphasis on security in general, and especially at Apple, there are a number of reasons this deal makes sense. We're told that 100 Apple employees will start using 1Password through this initiative starting this week, with the full 123,000+ users expected to be activated within the next one to two months. Update: In a statement, 1Password said rumors of its acquisition were "completely false."

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