Apple reportedly wants to acquire AgileBits, owner of password management software 1Password.
According to a new report from BGR, Apple is planning to deploy 1Password internally to all 123,000 employees in the next two month, and 100 Apple employees will start using 1Password starting this week.
In the meantime, AgileBits will need to dramatically scale up its operations in order to meet the grueling demands as set by its suitor as the two work out a large provisional agreement for its 1Password program.
“According to our source, after many months of planning, Apple plans to deploy 1Password internally to all 123,000 employees. This includes not just employees in Cupertino, but extends all the way to retail, too,” reads the report.
“Furthermore, the company is said to have carved out a deal that includes family plans, giving up to 5 family members of each employee a free license for 1Password,” the report continues.
This deal has been dubbed “B2” and would require all of Apple’s workforce to have access to the service within two months of the transaction closing. It would also require a maximum internal support response time of four hours — in 2017, Apple had more than 123,000 employees. The service would also have to be translated into languages for markets where Apple does business.
According to the report, Apple is also looking to acquire the company in future, and if happens, the company might integrate the features of 1Password into the iOS, similar to what it has done with earlier iOS acquisition Workflow and the new Shortcuts app.
The source for this story claims that they overheard AgileBits‘ CEO, Jeff Shiner, talking about an “Apple acquisition” at its Toronto headquarters, but it’s yet to clear up on whether that is actually happening.
1Password, however, has denied the acquisition claims, tweeting that the company has been and plans to remain completely independent.
Rumours of my acquisition are completely false. My humans and I are happily independent and plan to remain so.
— 1Password (@1Password) July 10, 2018