Logmein Announces Plan To Spin Off Lastpass Into Its Own Company
The cloud-based solutions company explained that the move allows LastPass to invest heavily in “customer experience, go-to-market functions and engineering” as a way to improve its “organic growth in password management,” Single Sign-On (SSO) and multi-factor authentication (MFA). The separation will also help speed up the changes moving forward, with LastPass expecting customers to see the changes in 2022. LogMeIn said LastPass currently has more than 30 million users and 85,000 business customers across the world....