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Content is crucial: Webselence acquired by Kape for $149M


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Content is crucial: Webselence acquired by Kape for $149M
Webselence becomes cyber giant Kape s biggest-ever acquisition, as the Israeli data-driven content optimizer goes from bootstrapped to riches.
Dor Schwartz
/
9 Mar 2021

2 min read
Webselence, an Israeli company that has developed a data-powered platform for optimizing content, has been acquired by multinational Cyber firm Kape for $149.1 million in cash and shares. Let’s break down the deal:  $149.1 million - $116.6 million in cash and $32.5 million in new shares which will be issued to the shareholders of Webselenese.
Kape will finance $35 million for the company acquisition and about $85 million of the cash part will be financed by Kape through a bridging loan from the controlling shareholder, Israeli businessman Teddy Sagi. ....

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Kape acquires Israeli co Webselenese for $149m


Kape acquires Israeli co Webselenese for $149m
The Israeli cybersecurity company is buying the Tel Aviv-based privacy and security startup for cash and shares.
Israeli cybersecurity and privacy protection company Kape Technologies (AIM:KAPE) has announced that it is acquiring Tel Aviv-based consumer focused privacy and security content startup Webselenese for $149.1 million in cash and shares. This is the largest-ever acquisition by Kape, which is controlled by Teddy Sagi.
Webselenese, which was founded by Ran Greenberg and Ariel Hochstadt, has over the past 10 years developed a data driven platform for producing content, which combines an international network of content writers for smart systems, which are engaged in optimizing content. The company specializes in producing content on security and privacy issues and over the past year has registered 105 million readers on its range of sites. ....

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