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  6. 1Password Acquires Kolide

M&A Deal Summary

1Password Acquires Kolide

On February 20, 2024, 1Password acquired information technology company Kolide

Acquisition Highlights
  • This is 1Password’s 3rd transaction in the Information Technology sector.
  • This is 1Password’s 2nd transaction in the United States.
  • This is 1Password’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2024-02-20
Target Kolide
Sector Information Technology
Buyer(s) 1Password
Deal Type Add-on Acquisition

Target

Kolide

Malden, Massachusetts, United States
Kolide is a device health and contextual access management company enabling businesses to meet the rising security challenges of the modern workforce that now works from anywhere and on any device. Kolide is based in Malden, Massachusetts.

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Buyer(S) 1

Buyer

1Password

Toronto, Ontario, Canada
Category Company
Sector Information Technology
DESCRIPTION

1Password provides private, secure, and user-friendly password management to businesses and consumers globally. More than 80,000 business customers, including IBM, Slack, PagerDuty, and GitLab, trust 1Password as their enterprise password manager. 1Password is based in Toronto, Ontario.

DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-03 Passage Identity

Austin, Texas, United States

Passage Identity is a developer-first passwordless authentication company. Passage Identity is based in Austin, Texas.

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