Google, the internet giant, is acquiring the Israeli
security firm SlickLogin in an "Acqui-hiring" deal, which means the
staff and its knowledge will be integrated into the company. The acquisition
was announced by SlickLogan Sunday morning.
Slicklogin, a very young company, was founded by Or Zelig
(CEO), Eran Galili (VP of technology) and Ori Kabeli (VP R&D). They only
began developing the product last August, presented it at the Tech Crunch
Disrupt in San Francisco in September and registered as a company in December.
The three will be joining Google's development center this
week and then integrated into the company's global security team.
SlickLogin has yet to launch a commercial product and still
hasn't accrued clients, so the purchase is in fact of the technology itself.
The three founders gained experience in mobile security and password
authentication during their military service. The team will continue developing
the security services technology, but the SlickLogin product itself may not
necessarily be adopted by Google.
SlickLogin's product offers users a secure way to view
websites by holding their mobile phone close to the computer they use to
access, for example, their bank account. The goal is to streamline the
authentication process.
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