Lastpass purchased Xmarks

After quite long negotiations with Xmarks with potential buyers, it turned out that the Lastpass password manager turned out to be the most potential buyer.

Under the cut translation of the announcement of the purchase.

This is what is written on the Xmarks blog:
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“Today we are pleased to inform you that Xmarks was acquired by LastPass, the creator of the leading cross-platform password manager. This is a great opportunity to ensure the existence of Xmarks in the form in which you know and love it.

Over the past few years, 4.5 million users have synchronized over 1 billion bookmarks on 5 million computers. The most important thing is that we offer a simple solution that allows people to access their bookmarks anywhere they need it. For many of our users, Xmarks has become an integral part of the browser. And you can be sure that LastPass will rely on the service in the coming months.

We decided to keep Xmarks free at the same time as implementing a viable long-term plan that provides for a transition to the Freemium business model, which enabled LastPass to grow into a prosperous and profitable business. Browser add-ons and the vast majority of popular features will remain free. At the same time, users will be able to purchase an Xmarks Premium subscription for $ 12 per year, which includes new features for extensions, mobile applications for Android and iPhone, priority support and much more. Also, Xmarks Premium and LastPass Premium will be offered in the form of a bundle at a reduced cost of $ 20 per year (approximately $ 24 would be separately). And those who promised earlier financial support can fulfill the promise today.

Restructuring Xmarks will accelerate the introduction of new features and improve service. Working with the two services will be provided for the time being with separate extensions and websites, although we have plans to integrate them in the future.

We believe the acquisition will affect the overall goals of LastPass and Xmarks, complementing each other. Xmarks and LastPass cross-browser and cross-platform teams will work together to help people simplify their digital life and access their data from anywhere in the world at any time.

We are happy to join forces with LastPass and become part of a team that will continue to provide the best synchronization tools! We hope that you will support both services with your attention and premium subscription. For more information, please refer to the FAQ.

Xmarks and LastPass commands »

English original: blog.lastpass.com/2010/12/lastpass-acquires-xmarks.html