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 bought Kape Technologies?

(Alliance News) - Kape Technologies PLC received a takeover offer from majority shareholder ... (Alliance News) - Kape Technologies PLC received a takeover offer from majority shareholder Unikmind Holdings Ltd, which values the entire company at USD1. 51 billion.

Where is Kape Technologies based?

The company was formerly known as Crossrider plc and changed its name to Kape Technologies Plc in March 2018. The company is based in London, the United Kingdom. Kape Technologies Plc is a subsidiary of Unikmind Holdings Limited. Kape Technologies reports have an aggregate usefulness score of 4.8 based on 70 reviews.

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.

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.

Ido Erlichman, CEO of Kape Technologies

Is Kape Technologies owned by China?

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.

What is happening with Kape?

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.

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.

What companies does Kape own?

Kape Technologies owns four VPN providers: ExpressVPN (see my ExpressVPN review), CyberGhost (see my CyberGhost review), Private Internet Access (see my Private Internet Access review) and Zenmate. It owns each service openly, not making any attempt to hide its involvement.

Who are Kape Technologies competitors?

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.

Does Kape Technologies own ExpressVPN?

ExpressVPN is a VPN service which offers privacy and security software that encrypts users' web traffic and masks their IP addresses. It is registered in the British Virgin Islands as Express Technologies Ltd. As of September 2021, ExpressVPN is owned by Kape Technologies and reportedly has 4 million users.

Should KAPE Technologies shareholders accept a higher offer?

Although the independent directors believe that the intrinsic value of Kape is higher than the level of the revised offer, they note that in the event of a delisting then minority shareholders would not be afforded the same level of protection as they are currently and the liquidity, marketability and realisable value ...

What does Kape collect?

KAPE focuses on collecting and processing relevant data quickly, grouping artifacts in categorized directories such as EvidenceOfExecution, BrowserHistory and AccountUsage.

Who is NordVPN owned by?

NordVPN is owned by Nord Security. The company was initially supported by a Lithuanian business incubator called Tesonet, also owned by Nord's founder Tom Okman.

Who is the CEO of PIA VPN?

The CEO of Private Internet Access (and its parent company, London Trust Media, Inc.) is Ted Kim. The company was founded by Andrew Lee. Lee started the company PIA because he wanted a way to prevent Internet Relay Chat from revealing IP addresses.

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.

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.

Do all shareholders have to agree to sell a company?

If there is more than one owner, then all of the shareholders will need to agree to the sale. The assets and liabilities of the business are held by the limited company. When the shares of the limited company are sold, the assets and liabilities are transferred together with the company.

Can a majority shareholder sell the company?

In most cases, majority shareholders cannot unilaterally sell the company without any input from the other shareholders. But it's possible that a majority shareholder can successfully vote to sell the company, and few or none of the minority shareholders agree to the sale.

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.

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 ExpressVPN owned by NordVPN?

NordVPN is a brand of Nord Security, which merged with Surfshark in 2022, and ExpressVPN was bought by Kape Technologies, which also owns Private Internet Access and CyberGhost VPN, among other security firms.

What is the meaning of Kape?

Noun. kapé (Baybayin spelling ᜃᜉᜒ) coffee (beverage) (botany) coffee (plant, beans) (color) coffee; brown synonyms ▲ Synonyms: kayumanggi, kulay-kape.

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.