However, keep in mind that when you use a VPN, you are trusting the service to handle all of your encrypted traffic and not do anything questionable in the background. ExpressVPN users largely seem upset by the news. Ido Erlichman, the CEO of Kape, admitted that the name change was an attempt to distance Kape from controversial “past activities”.Ģ018: Kape purchases Zenmate VPN (amount unknown)Ģ019: Kape purchases Private Internet Access for $127 millionĢ021: Kape purchases ExpressVPN for $936 million. ForbesĢ017: Crossrider purchases CyberGhost VPN for $10 million.Ģ018: Crossrider changes name to “Kape”. TechRadar reports that the acquisition lifted the veil behind ExpressVPN's business figures. As a comparison, Kape acquired Private Internet Access for a tenth of the sum two years ago: 95.5 million US Dollar. Co-founder and CEO Koby Menachemi was part of Unit 8200, where he was a developer for three years. Kape Technologies paid 936 million US Dollar for ExpressVPN, making it the largest recorded deal in the VPN industry. His biggest money maker to date is gambling software developer Playtech. One of the biggest is Crossrider, the majority stake of which is held by billionaire Teddy Sagi, a serial entrepreneur and ex-con who was jailed for insider trading in the 1990s. Israeli-founded Kape Technologies said Monday it acquired ExpressVPN for 936 million to become one of the world’s leading players in the consumer market for digital security and privacy. They also happen to have links to the nation’s military and its top signals intelligence agency, the Israeli equivalent of the NSA or GCHQ: Unit 8200, which works out of the Israel Defense Forces (IDF).Ī vast number of companies are affiliated with ad injectors, either packaging their tools or funnelling ads down to them. What went unnoticed, until now, is that most of the searchable organisations involved in this potentially dangerous business are based in Israel. Forbes noted the ties that Kape had to Israeli state surveillance entities. Sagi acquired Kape Technologies in 2012 and led it to be a major player in the malware and adware industry. Sagi earned much of his wealth from a gambling company called Playtech. The main person behind Kape is Teddy Sagi, an Israeli billionaire who previously spent time in jail for insider trading. ![]() This is a full two years after the purchase of CyberGhost VPN and the initial promise to refocus on user privacy. Important note: Crossrider malware was still wreaking havoc as late as August 2019. The current offer price of 285p per share is a. You can still find numerous articles about Crossrider’s malware and adware infecting various devices. Isle of Man incorporated Unikmind, which is wholly-owned by Teddy Sagi, controls approximately 54.8 of shares. ![]() Before 2018, Kape Technologies was called Crossrider and it was an infimous player in the malware industry.
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