Kape Technologies Plc announces acquisition

  • Nov 19, 2019 GMT
  • Team Kalkine
  • The company has announced an acquisition of LTMI Holdings for a total consideration of US$95.5 million
  • LTMI is the holding company of Private Internet Access, a US based company into data privacy services
  • The acquisition is expected to double the company’s customer reach and enhances the company’s product portfolio with an array of privacy-based software solutions
  • On 19th November 2019, KAPE shares were trading at GBX 102.50 at GMT 09:05 AM, up 25.50 points or 33.12% from the previous day’s closing price level.

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