The acquisition of ZenMate for €4.8 million increases Kape’s share of the VPN (virtual private network) market, extends its footprint in Europe and brings the prospect of revenue and cost synergies. Based in Berlin, ZenMate is a multi-platform security software business with a focus on the provision of VPN solutions; highly complementary to Kape’s existing CyberGhost business. A more tactical acquisition compared to previous deals, the purchase presents opportunities to reap
17 Oct 2018
Acquisition of ZenMate
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Acquisition of ZenMate
- Published:
17 Oct 2018 -
Author:
Gareth Evans -
Pages:
3
The acquisition of ZenMate for €4.8 million increases Kape’s share of the VPN (virtual private network) market, extends its footprint in Europe and brings the prospect of revenue and cost synergies. Based in Berlin, ZenMate is a multi-platform security software business with a focus on the provision of VPN solutions; highly complementary to Kape’s existing CyberGhost business. A more tactical acquisition compared to previous deals, the purchase presents opportunities to reap