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London cyber firm Kape acquires Israeli rival in $150m deal


London cyber firm Kape acquires Israeli rival in $150m deal
London-listed Kape said the deal will help expand its audience and fuel audience growth (Getty Images)
London-based cybersecurity company Kape Technologies has snapped up Israeli IT firm Webselenese in a deal worth almost $150m (£108m).
Kape, which provides privacy-focused software, said the mixed cash and share deal will help expand its audience and fuel organic growth.
Shares in Kape jumped by more than a fifth after the deal was announced this morning.
Tel Aviv-based Webselense provides consumer privacy and content to millions of users through a number of comparison websites that offer reviews and advice on online security tools. ....

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