Israeli startup in $1 billion takeover

In a reversal of the usual type of acquisition, Israel’s Kape Technologies has paid nearly $1 billion to acquire ExpressVPN, one of the world’s leading Virtual Private Network software providers. Kape (on London’s AIM) previously acquired GhostVPN, Zenmate VPN and Israel’s Webselenese.

https://www.timesofisrael.com/israeli-cybersecurity-firm-buys-expressvpn-for-close-to-1b/

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