LogMeIn says it will spin out password management tool LastPass; LogMeIn acquired LastPass, used by 30M people and 85K businesses, for $125M in 2015 (

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Jay Peters / The Verge:
LogMeIn says it will spin out password management tool LastPass; LogMeIn acquired LastPass, used by 30M people and 85K businesses, for $125M in 2015 — LastPass has more than 30 million users — LogMeIn plans to spin out password management tool LastPass as a standalone company, it announced Tuesday.