Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKAPE.L Share News (KAPE)

  • There is currently no data for KAPE

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Kape Technologies purchases German security software outfit for €4.8m

Tue, 16th Oct 2018 10:17

(Sharecast News) - Consumer security software firm Kape Technologies on Tuesday confirmed its purchase of multi-platform security software outfit ZenGuard and Zenmate (Zenmate) for €4.8m.The acquisition of Berlin-headquartered Zenmate, which aims to encrypt and secure internet connections and protect privacy and digital data, is complementary to Kape's CyberGhost VPN solution and will offer the company increased exposure to continental Europe, particularly Germany.Ido Erlichman, chief executive of Kape, said: "The provision of data protection solutions is a key focus for Kape, with the market expected to continue its double digit growth in the coming years. We are therefore delighted to add ZenMate to our existing portfolio as it is highly complementary, strengthens our presence in Europe and expands our SaaS user base."Zenmate currently has a stable of 50,000 customers operating under a software as a service model, although with the German outfit having registered a loss of €1.1m in the year ended 31 December 2017, Kape expects to implement an extensive restructuring programme.Even so, Kape said in a statement that Zenmate is expected to be earnings accretive across the first full year of ownership as it intends to employ digital marketing to increase customer numbers."Kape continues to trade strongly and is confident the acquisition of ZenMate will further support the company's growth ambitions," Erlichman added.Kape Technologies' shares were up 1.78% at 114.50p at 1021 BST.
More News
11 Jun 2020 16:30

Director dealings: Kape Technologies director lowers stake

(Sharecast News) - Kape Technologies revealed on Thursday that non-executive director Theodore Kim had disposed of 400,000 shares in the AIM-listed digital security and privacy software business.

Read more
14 May 2020 16:28

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
31 Mar 2020 12:21

UK TRADING UPDATE SUMMARY: Synairgen Starts Covid-19 Treatment Trial

UK TRADING UPDATE SUMMARY: Synairgen Starts Covid-19 Treatment Trial

Read more
20 Mar 2020 15:57

DIRECTOR DEALINGS SUMMARY: Plus500 Team Spend GBP14 Million On Shares

DIRECTOR DEALINGS SUMMARY: Plus500 Team Spend GBP14 Million On Shares

Read more
17 Mar 2020 13:27

Kape Technologies Terms 2019 As "Landmark" Growth Period

Kape Technologies Terms 2019 As "Landmark" Growth Period

Read more
20 Jan 2020 10:28

Kape Technologies Predicts Solid Rise In Annual Earnings, Revenue

Kape Technologies Predicts Solid Rise In Annual Earnings, Revenue

Read more
20 Nov 2019 16:46

DIRECTOR DEALINGS: Kape Technologies Finance Head Buys Shares

DIRECTOR DEALINGS: Kape Technologies Finance Head Buys Shares

Read more
19 Nov 2019 12:10

Kape Technologies Shares Surge Following LTMI Holdings Purchase

Kape Technologies Shares Surge Following LTMI Holdings Purchase

Read more
19 Nov 2019 10:29

Kape announces 'transformational' purchase of Private Internet Access owner LTMI

(Sharecast News) - Consumer security software provider Kape Technologies announced the proposed acquisition of LTMI Holdings for a total consideration of $95.51m, and an enterprise value of $127.6m on Tuesday.

Read more
17 Sep 2019 10:58

Kape Outlook Positive But Interim Profit Falls On Exceptional Costs

(Alliance News) - Cybersecurity company Kape Technologies PLC on Tuesday said it is on track to meet its full-year expectations after delivering a rise in revenue in the first half of profit fell,

Read more
2 Jul 2019 12:31

Kape Technologies Discovers Two New macOS Malware Security Threats

(Alliance News) - Kape Technologies PLC on Tuesday said its Intego development team was the first to expose two new high-profile macOS malware security threats, both of which Kape users are now as

Read more
20 Jun 2019 13:38

Kape Technologies Pleased With ZenMate Progress Since Acquisition

(Alliance News) - Kape Technologies PLC said Thursday the integration of virtual private network ZenMate has saved the company USD1.7 million in annualised costs.In October, Kape acquired a

Read more
24 May 2019 11:58

Starcom Appoints Martin Blair As Independent Non-Executive Director

LONDON (Alliance News) - Tracking systems provider Starcom PLC on Friday said it appointed Martin Blair as independent non-executive director of the company with immediate effect.Blair 15 a

Read more
19 Mar 2019 11:35

Kape Technologies 2018 Profit And Revenue Rise Amid "Strong" Results

LONDON (Alliance News) - Software firm Kape Technologies PLC said Tuesday its profit and revenue expanded amid a "strong" performance.In 2018, pretax profit more than doubled to a

Read more
12 Mar 2019 16:10

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 13 March PrudentialFull Year Results (at 0830 GMT)Wm Morrison SupermarketsFull

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.