UK-headquartered Kape Technologies announced on Monday it has acquired ExpressVPN in a $936m (£675m) cash and stocks deal, a move it claims will double its customer base to at least six million.
In a canned statement, Kape said combining the two companies would "create a premium consumer privacy and security player," and that the acquisition "further positions Kape to define the next generation of privacy and security protection tools and services to return greater control over the digital sphere to consumers."
Express VPN, meanwhile, tweeted:
We are delighted to share we will be joining Kape, a London Stock Exchange-listed company, to form the global leader in digital privacy.— ExpressVPN (@expressvpn) September 13, 2021
Thank you to everyone who has supported us in building a more private, secure, and open internet over last 10 years.https://t.co/tMtASfJXPL
People use VPNs for a whole bunch of reasons ranging from accessing ...
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