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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. No financial figures of the transaction were disclosed.
SlickLogin was founded less than a year ago. 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.
It was reported last week that Google is becoming more secretive about its acquisitions as the Internet company hunts for promising innovations and engineering talent to help shape the future of technology.
The subtle change surfaced last week in Google’s 2013 annual report. Instead of specifying the total number of acquisitions during 2013, Google only said it spent a combined $489 million on all deals besides its purchase of online mapping service Waze. The Waze deal was so large that government regulations prompted Google to break out the $969 million price paid for that acquisition.