Who bought Kape Technologies?
What happened to Kape Technologies?
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.Who owns Kape Technologies?
Though best known as a parent company, Kape itself is a wholly owned private subsidiary of another holding firm, Unikmind, an investment firm whose sole owner is the Israeli-Cypriot magnate Teddy Sagi.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.Who owns Unikmind Holdings Ltd?
The Company is wholly owned by Mr. Teddy Sagi.ExpressVPN Sold to Kape Technologies? WTF?
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.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.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.
Did Kape Technologies take private?
Baker McKenzie has advised Unikmind Holdings Limited on its successful cash offer and public-to-private takeover of Kape Technologies plc, a leading 'privacy-first' digital security software provider. The final offer price implied an equity value for Kape of approximately USD 1.6 billion.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 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 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).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 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.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 CyberGhost owned by?
CyberGhost is a subsidiary of Kape Technologies, a company headquartered in the U.K., a region with less favorable privacy laws, and a 14 Eyes intelligence alliance member. This alliance could potentially compel VPN providers to share user data among member countries.Who owns Pia VPN?
Private Internet Access is owned by Kape Technologies. Originally founded in 2010, PIA was purchased by Kape in 2019 and joined the ranks of several competing VPN services like ExpressVPN and CyberGhost VPN.Who is the owner of 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.Who owns IPVanish?
IPVanish VPN (also known as IPVanish) is a US-based VPN service owned by Ziff Davis. Mudhook Media, Inc.Who owns TunnelBear?
TunnelBear VPN is owned by the McAfee security company and is based in Toronto, meaning it's in a country that participates in intelligence-sharing alliances and is subject to robust consumer protection authorities.Why are VPNs so expensive?
Level of Encryption And Premium FeaturesThey need to counteract the most recent malware being used by cybercriminals. Likewise, look for VPNs that offer features like malware protection, dedicated IP addresses and P2P servers, which are only found with paid VPN providers.