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Submission + - Lastpass sells out to LogMe (lastpass.com) 1

bserebin writes: Lastpass, the hyper-focused and transparent password manager service is planning to sell to LogMeIn. Having seen LogMeIn acquire other companies and how they treat existing customers (make and then break promises, jack up prices, etc), this is a sad day. I would recommend Lastpass customers start looking for an alternate solution just in case. If you're wondering why Lastpass sold out, there are 125 million reasons ($) why they did this.

Submission + - LogMeIn to Acquire Password Management Leader LastPass (globenewswire.com)

ahlatki writes: "BOSTON, Oct. 09, 2015 (GLOBE NEWSWIRE) — LogMeIn, Inc. (Nasdaq:LOGM) today announced that it has agreed to acquire LastPass (incorporated as Marvasol, Inc.), the popular single-sign-on (SSO) and password management service. A high growth business with millions of loyal users and an award winning product line, LastPass will immediately bolster LogMeIn’s position in the multi-billion dollar identity and access management (IAM) market, while accelerating one of the company’s key strategic growth initiatives. The deal is expected to close in the coming weeks."

Comment Re:real socialism (Score 1) 356

Please tell me how sole-provider and no-bid contracts handed to a few corporations by our government is completely different from "means of production owned by the state". When government contracts like Lockheed-Martin or BoozAllenHamilton will do anything the government pays them to do, often without transparency, the net effect is the same.

Also, cite examples of any "conservatives will question the logic of solving the problem of too much power concentrating in the hands of a few corporations by further concentrating that power into the hands of a single, enormous entity." The conservatives were the ones that supported the deregulation that allowed banks to consolidate to become "too large to fail" in the first place.

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