What happened to Kape Technologies?

Kape will be delisted from the AIM on or about 31 May 2023 and Unikmind has announced its intention to exercise its statutory squeeze-out rights under Isle of Man law to compulsorily acquire all Kape shares for which acceptances had not been received in the offer.

Who owns Kape Technologies?

Kape is currently owned by Unikmind, the investment company that bought a 75% supermajority of its shares in 2023 and pulled it off the public stock exchange. A look at Unikmind's homepage shows that owning Kape is its reason for existence.

Did Kape Technologies take private?

Unikmind, the majority shareholder in Isle of Man digital security and privacy software business Kape Technologies, has secured 98% of formal acceptances from shareholders in its bid to buy the remaining stake in the AIM-listed company after increasing its offer to $3.60 per share.

Is Kape Technologies trustworthy?

The report goes into the people behind Crossrider, a company that was caught distributing malware and adware and documents how the company pivoted to purchasing VPN services, then changed its name to Kape Technologies. Kape was then observed buying a collection of VPN “review” websites and changing the rankings.

Who are the shareholders of Kape Technologies?

The Company is wholly owned by Mr Teddy Sagi. Kape is a leading 'privacy-first' digital security software provider to consumers.

The Death of ExpressVPN?? | Sold to Kape Technologies

Is Kape Technologies Chinese?

Kape Technologies is a British-Israeli digital security provider. So, no, it's not owned by China. It is not a Chinese company. It is actually based in the British Virgin Islands, a country known for it's no-data retention laws.

Is Kape Technologies a Chinese company?

No, ExpressVPN is owned by UK-based Kape Technologies.

While ExpressVPN itself is based in the British Virgin Islands, the parent company is located in the Isle of Man and its headquarters in the UK. At the moment, there are no tracks leading ExpressVPN or their owners to China or Chinese businesses.

Who is the CEO of Kape Technologies?

Kape Technologies' CEO is Ido Erlichman, appointed in May 2016, has a tenure of 7.08 years. total yearly compensation is $2.81M, comprised of 19.9% salary and 80.1% bonuses, including company stock and options. directly owns 0.13% of the company's shares, worth €1.57M.

What is the revenue of Kape Technologies?

Revenue: US$623.5m (up 170% from FY 2021). Net income: US$70.9m (up 204% from FY 2021). Profit margin: 11% (up from 10% in FY 2021).

Who owns NordVPN?

Long regarded as one of the most dependable and secure VPN services on the market, NordVPN offers users an unmatched level of online anonymity and protection. Concerns have been raised, however, about the company's ownership structure and its possible ties to China. To clarify, NordVPN is owned by Tefincom & Co.

Where is Kape Technologies headquarters?

The company is based in London, the United Kingdom. Kape Technologies Plc is a subsidiary of Unikmind Holdings Limited.

What do KAPE Technologies do?

Kape develops, acquires, and distributes a variety of leading digital security software products. We believe in having the best products, supported by top teams developing world class technology to deliver a superior experience to a rapidly growing audience.

Where did Kape Technologies come from?

Kape Technologies Plc started life on AIM in September 2014 as a very different company. CEO Ido Erlichman and his team helped pivot Crossrider from an Israel-based AdTech start-up into a leading global provider of privacy and security solutions.

What is the valuation of Kape Technologies?

It's hardly generous to value Kape on an enterprise valuation of $1.7bn, or less than 10 times the group's cash profit in 2022 and 10.3 times forecast free cash flow for the current year, as I noted when the increased cash offer was made last week.

What is the market cap of Kape Technologies?

As of the previous close price of 285.00p, shares in Kape Technologies had a market capitalisation of £1.22bn.

Who controls VPN?

Your VPN Provider is the person or company who controls this server. Typically your VPN provider falls into one of the following categories: Workplace: Your workplace may provide a VPN server so you can remotely and securely access the work network and Internet.

What is ExpressVPN revenue?

ExpressVPN to remain independent

Financially, the privacy provider had revenue of $279 million in 2020. In a blog post, the spokesperson of ExpressVPN claimed that the company was “impressed by Kape's clear commitment to protecting the privacy of its users.”

Who is Ido Erlichman?

Ido joined Kape in May 2016 as Group Chief Executive Officer. Ido has more than nine years' experience in the technology sector garnered through roles in private equity, consulting and finance.

Who is Charles Butler CEO?

LONDON, UNITED KINGDOM; NOVEMBER 22, 2023 — Kape Technologies today announced the appointment of Charles Butler as Chief Executive Officer.

What happened to ExpressVPN?

October 2020: ExpressVPN introduced its MediaStreamer DNS service that allows users to bypass geo-restrictions on streaming platforms. September 2021: ExpressVPN had been acquired by Kape Technologies, an LSE-listed digital privacy and security company.

Who founded NordVPN?

NordVPN was established in 2012 by a group of childhood friends which included Tomas Okmanas. Late in May 2016, it presented an Android app, followed by an iOS app in June the same year. In October 2017, it launched a browser extension for Google Chrome.

Is it legal to use ExpressVPN?

It is legal to use a VPN to stream with greater privacy and security, although it might violate a streaming service's rules. As a privacy and security tool, ExpressVPN is designed so that no one can see or control what you do when connected to our VPN service—not even us.

Who owns Surfshark?

Who owns Surfshark? The founder of Surfshark is Vytautas Kaziukonis. In 2022, Surfshark and Nord Security merged under one holding company to form a cybersecurity powerhouse while still operating independently.

Is CyberGhost owned by Kape?

Kape Technologies

Kape Technologies is based in the Isle of Man, a self-governing British Crown dependency in the Irish Sea. To date, it owns 4 VPNs: CyberGhost VPN, ZenMate VPN, Private Internet Access (PIA), and ExpressVPN.

Is Surfshark better than NordVPN?

Whether you choose Surfshark VPN, ranked 10th in our rating of the Best VPN Services of 2024 with a 3.6 score, or NordVPN, tied for 2nd with a score of 4.4, your money goes to the same place: Nord Security, which owns both VPN services after merging with Surfshark in 2022.