Update: October 9, 2015 @ 12:02 PM EST

Thank you for all the support we have received in response to our exciting news today. To address the concerns that some in our community have raised, I want to personally assure you that this is good news for our users. First of all, we (LogMeIn/LastPass) have no plans to change our existing business model. Secondly, this acquisition provides us with access to resources that will enable us to innovate faster, as we continue to strive to deliver an even better product than the one you have come to know and love. It is also important to note that the current LastPass team is staying in place and remains committed to deliver on the promise of privacy, security and convenience that has been our mission since day one. I appreciate and am proud of the passion of our community, and we will continue to work hard to maintain your deep loyalty.

– Joe Siegrist

It’s a big day here at LastPass. We’re thrilled to announce that we’re joining LogMeIn. As one of the world’s leading SaaS companies, we can’t imagine a better team to align with our values and product-driven mission. With their experience in growing successful brands like join.me, we’re excited to join LogMeIn in delivering the next generation of identity and access management for individuals, teams and companies, with LastPass at the forefront.

When we started LastPass in 2008, we set out on a mission to provide a smart solution to the growing password problem. We aimed to build a product that helped people efficiently manage their passwords, in a way that not only increased their productivity but also improved their security.

Since then, LastPass has grown by leaps and bounds, helping millions of consumers and tens of thousands of businesses worldwide with password management. We are so incredibly proud of our team’s accomplishments and grateful to the users who have supported us on our journey.

What does this mean for you as a LastPass user? Great things! We will continue to build and improve LastPass for our free, Premium, and Enterprise customers. Together with LogMeIn, we’ll be able to accomplish more, faster – providing an even better service to millions of people. As we become part of the LogMeIn family over the next several months, we’ll be releasing updates to LastPass, introducing new features, and continuing to grow the service as we work to bring LastPass to millions more who struggle with passwords.

Again, thank you to all of our users and supporters! We’re as committed as ever to providing you with a secure, easy-to-use password manager. Stay tuned as we open the next chapter of our story with LogMeIn and build the future of identity and access management, together.

Joe Siegrist & The LastPass Team