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IN BRIEF: Kape's VPN business inks content deal with 3 Hong Kong

Thu, 15th Jul 2021 19:55

Kape Technologies PLC - Isle of Man-headquartered digital security software provider - Subsidiary Private Internet Access enters content provision agreement for its VPN product with cellular operator 3 Hong Kong.

Under the agreement, PIA VPN will be made available to customers of 3 Hong Kong.

VPN - or Virtual Private Network - extends a private network across a public network and enables users to send and receive data across shared or public networks, to allow users extra functionality and security.

"We are delighted to announce this agreement with 3 Hong Kong, which marks a first of its kind for Kape. We anticipate that with 3 Hong Kong's distribution capabilities and unique market positioning, coupled with PIA's brand recognition and tier one product, that we will successfully increase our product penetration in Hong Kong," says Chief Executive Officer Ido Erlichman.

Current stock price: 305.00 pence

Year-to-date change: up 63%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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