The
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.
SlickLogin
was founded less than a year back. 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 service was built to be used either as a password
replacement or as a secondary, 2-Factor authentication layer on top of a
traditional password. The company wrapped their product into a small, compact,
closed Beta after debuting it at Disrupt, and had not yet opened it up to
everyone when they were acquired.
Over
the few years, we have witnessed a rise in the number user id's being
compromised and that's where SlickLogin is aiming at. It mostly allows you to
log in to a website on your PC while holding your phone within a few inches
away from it. It uses numerous protocols to verify your phone's exact position:
Wi-Fi, NFC, Bluetooth and GPS.
The
company is yet to launch a commercial product and accrued clients, so the whole
deal actually represents an acquisition of the technology itself. No financial
figures of the transaction were disclosed.
The
service is not made public, let’s wait and watch for this new tech update.
Author : Iman Majeed
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