LastPass is being acquired by LogMeIn for $110 million

Password managers are an essential tool for those of us that juggle dozens of different accounts across various services and websites, and want to remain secure without sacrificing convenience. LastPass is by far the most popular password manager out there, and it’s the one that I use myself, which is why it’s interesting to heat that remote access software maker LogMeIn will be acquiring the company for $110 million in cash within a couple of weeks.