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Announced

Completed

Lookout completed the acquisition of SaferPass.

Synopsis

Lookout, an endpoint and cloud security solutions provider, completed the acquisition of SaferPass, an innovative password management company. Financial terms were not disclosed. "We are pleased to welcome the SaferPass team to Lookout, and excited to combine our respective solutions to deliver better value to consumers and businesses alike. Today, every password owned by an employee is a potential access point to organizations both small and large. At the same time, large scale data breaches have leaked billions of consumer emails and passwords on the dark web, putting individuals at risk of identity theft and financial fraud. The SaferPass team shares our vision for providing seamless security solutions that address all access points and protect personal and corporate data wherever it may reside. This is an exciting next step in Lookout's evolution," Jim Dolce, Lookout CEO.

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