Launched in 2013, Kape Technologies, previously known as Crossrider, made money by building software that enabled people to create extensions that could allow them to do Ad injection. The company later changed its name after choosing to switch to the cyber security industry.
Kape Technologies currently own three VPN services that include Cyberghost, Zenmate, and Private Internet Access. However, this list is about to get longer because, as a result of a $936 million deal, ExpressVPN has also been acquired by Kape Technologies.
Today, we’re making our biggest move to level up our ability to advance digital rights yet: with our intent to join Kape Technologies (@Kape_com).
With their support and resources, we’ll be able to innovate faster and provide you with protection from a wider range of threats.
— ExpressVPN (@expressvpn) September 13, 2021
Internet users who have been associated with VPNs in one way or another must know how much of a greater impact ExpressVPN has in the VPN industry.
Its unparallel security, privacy, data protection, and unblocking capabilities have always ranked this provider at the top of the list of the best VPNs. ExpressVPN has always been reviewed positively considering its best-in-class VPN services and spotless track record, unlike some other VPNs.
ExpressVPN co-founder Dan Pomerantz said in a press release.
The ExpressVPN team is delighted to be joining the Kape Technologies family. It was essential to us that anyone we teamed up with shared our strong fundamental commitment to user privacy, and Kape has demonstrated that in spades through its family of brands
Due to this acquisition, it is expected that ExpressVPN’s customer base would be increased from 3 million to 6 million. It would also create one of the best digital privacy and security companies that would be best placed to benefit from the predicted market growth.
Ido Erlichman, chief executive of Kape Technologies said:
Controlling one’s digital presence is at the forefront of every tech consumer’s mind now, and Kape is more committed than ever to innovating and delivering the tools internet users need to protect their data and rights
Kape said ExpressVPN would continue to operate day-to-day as an independent service. So we will have to wait and see how this story unwinds. When it does, VPNRanks will be there to update you on it as it unfolds.